All of the following policies are ways for a country to promote long-run economic growth except
A)increasing vaccinations against infectious diseases.
B)undergoing political reform to decrease corruption.
C)enacting stronger laws to protect property rights.
D)imposing stricter regulations to limit foreign direct investment.
E)subsidizing research with no immediate practical application.

Question

Quizplus · Accepted Answer

Imposing stricter regulations to limit foreign direct investment is not a policy that promotes long-run economic growth. This is because foreign direct investment can bring in new technology, skills, and capital which can stimulate growth in the host country's economy. The other policies listed - increasing vaccinations against infectious diseases, undergoing political reform to decrease corruption, enacting stronger laws to protect property rights, and subsidizing research with no immediate practical application - are all ways for a country to promote long-run economic growth.

All of the Following Policies Are Ways for a Country