Compared to those with less economic freedom, countries with more economic freedom generally have ____ per capita GDP levels and ____ growth rates

a. lower; less rapid
b. lower; more rapid
c. higher; less rapid
d. higher; more rapid

D

Economics

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The idea of horizontal equity in taxation implies that

A. equally situated individuals should be taxed equally. B. unequally situated individuals should be taxed unequally. C. benefits should be given first to those individuals who need them most. D. the greatest tax burden should be borne by the wealthiest individuals.

Economics

To help with motivation, long-term productivity, and retention, firms with internal labor markets tend to offer all of the following except

A. benchmark competitive wages. B. efficiency wages. C. pay based on job seniority. D. internally based promotion systems.

Economics