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Which Are True Regarding Informal Constraints

Question 21

Short Answer

Which are true regarding informal constraints?
a. When formal institutional constraints fail, informal constraints tend to fail as well.
b. Following the collapse the former Soviet Union, informal constraints were unable to facilitate growth of entrepreneurial firms.
c. Even in developed economies, the best-connected firms can reap significant benefits.
d. All of the above.
e. None of the above.

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Even in developed ec...

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