If Kenya institutes policies that support economic freedom and growth,it is likely that Kenya will

Question

Quizplus · Accepted Answer

Instituting policies that support economic freedom and growth is likely to have a positive impact on the Kenyan economy, but the benefits may not be immediate. It takes time for policies to take effect and for the economy to grow. Therefore, the most likely outcome is that Kenya will slowly reap the benefits of economic growth as the economy expands over time. It is unlikely that there will be an immediate double-digit increase in economic growth or a 4 to 6 percent increase. Conversely, there is no evidence to suggest that Kenya will lose control of the economy and plunge into a long recession or suffer from too much competition within its economy.

If Kenya Institutes Policies That Support Economic Freedom and Growth,it