Economic freedom requires
A) that the government be a democracy.
B) that there are no regulations and restrictions set on businesses and households by the government.
C) freedom to bribe government officials.
D) the rule of law and the ability to enforce the laws.
E) strong labor unions.
Correct Answer:
Verified
Q26: Suppose India wants to measure how much
Q27: Labor productivity is calculated as
A)(real GDP ÷
Q28: A government policy that taxes saving in
Q29: Labor productivity equals --------------------
A)aggregate hours × labor
Q30: According to classical growth theory, if labor
Q32: Labor productivity is defined as
A)real GDP per
Q33: The growth rate of real GDP per
Q34: Economic freedom is a precondition for economic
Q35: Which of the following are predicted by
Q36: For economic freedom to exist,
A)copyright laws must
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