Which of the following is TRUE about cross-country evidence on the relationship between economic freedom, standard of living, and democracy?

Question

Quizplus · Accepted Answer

Cross-country evidence suggests that there is a positive relationship between economic freedom, the standard of living, and the level of democracy. This relationship has been found consistently in academic research, indicating that countries with more economic freedom tend to have higher levels of prosperity and also tend to be more democratic. However, it should be noted that this relationship may not hold true in every individual case, and that other factors may also play a role in determining a country's economic and political outcomes.

Which of the Following Is TRUE About Cross-Country Evidence on the Relationship