Which of the following would be most likely to encourage capital formation in a less-developed country?
A. the expectation of sustained high inflation
B. the expectation that property rights will be highly secure in the years ahead
C. the imposition of high tariffs and other restraints limiting imports
D. higher personal and corporate tax rates
Answer: B
Economics
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If Belgium exports chocolate to the rest of the world, then Belgian chocolate producers benefit from higher producer surplus, Belgian chocolate consumers are worse off because of lower consumer surplus, and total surplus in Belgium increases because of the exports of chocolate
a. True b. False Indicate whether the statement is true or false
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How does a network externality serve as a barrier to entry? Is this barrier surmountable? Explain
What will be an ideal response?
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