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Today,not All Regions of the World Enjoy the Same Level

Question 116

Multiple Choice

Today,not all regions of the world enjoy the same level of annual real per capita gross domestic product (GDP) .The regions that have higher levels of real per capita GDP probably also have


A) lower levels of government spending.
B) very little new business formation and job growth.
C) higher rates of poverty.
D) growth-promoting institutions like property rights.
E) higher income tax rates.

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