Which of the following will increase economic freedom?

a. an increase in tariff rates imposed on imported goods
b. an increase in government spending as a share of the economy
c. elimination of regulations that make it difficult to start a business
d. an increase in the rate of inflation and its variability

C

Economics

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How many and what fraction of the world's people live in advanced economies? In emerging market and developing economies?

What will be an ideal response?

Economics

At what quantity would a purely competitive firm cover all of its costs and earn only normal profits?




A. Q = 5
B. Q = 10
C. Q = 15
D. Q = 20

Economics