If a government wanted to increase the prosperity of a nation, it could best serve this goal by

a. protecting domestic industries from international trade, thus encouraging domestic growth.
b. regulating the way in which firms can operate.
c. reducing barriers that restrict the ability of potential competitors to enter markets.
d. subsidizing firms that are in danger of going out of business.

C

Economics

You might also like to view...

If the official settlements account is zero, whenever the United States has a current account deficit, it must also have a capital account deficit

Indicate whether the statement is true or false

Economics

Refer to Table 9-19. Looking at the table above, what is the approximate rate of growth of real average hourly earnings from 2014 to 2015?

A) 15% B) 4.4% C) -1.5% D) -4.8%

Economics