Which of the following accurately describes the impact of the rule of law on a country's economic growth rate?
A) Countries where favoritism and bribery are common have stronger rates of growth.
B) Countries with a strong rule of law have faster economic growth.
C) Countries with a weak rule of law have faster economic growth.
D) Countries that enforce property rights through lawsuits have slower economic growth.
B
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Among the United States, Canada, Russia, India, and the United Kingdom, the country with the highest average income per person is
A) the United Kingdom. B) India. C) Canada. D) Russia. E) the United States.
According to economic analysis, the optimal quantity of pollution exists at the point at which the
A) total benefit of pollution control is equal to the total cost. B) marginal benefit of pollution control is equal to the marginal cost. C) level of pollution is at zero. D) level of pollution is acceptable to the society.