Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The Economic Freedom of the World index indicates that a.large countries have an economic advantage over smaller countries. b.countries that have historically ranked low in
The Economic Freedom of the World index indicates that
a.large countries have an economic advantage over smaller countries.
b.countries that have historically ranked low in economic freedom have difficulty achieving growth even after pursuing policies consistent with economic freedom.
c.low-income countries can achieve high growth rates when secure property rights and sound institutions are followed.
d.countries with high per capita income levels are unable to maintain positive growth rates.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started