Investment in human capital has opportunity costs, but investment in physical capital does not

According to the text, is there any relationship between bureaucratic inefficiency and economic growth?

A) Yes, bureaucratic inefficiency and economic growth are positively related. B) No. Some nations' economies grow rapidly despite their inefficient governments while others collapse with inefficient governments. C) Yes, but only in the most economically developed nations. D) Yes, bureaucratic inefficiency and economic growth are inversely related.

Under a marketable permit system, if the government reduces the quantity of permits, the price of each permit will increase

a. True b. False Indicate whether the statement is true or false