Refer to Table 20-14. The real average hourly earnings for 1965 in 1982-1984 dollars equal

One of the primary reasons that Mexico has had trouble attracting foreign investment and has therefore experienced relatively low rates of economic growth is

A) poor public education and health. B) the failure to enforce the rule of law. C) low rates of saving and investment. D) persistent wars between Mexico and its neighboring countries.

The economist Hernando de Soto extensively studied:

a. the problem of scarcity. b. opportunity costs. c. insecure property rights. d. economic freedom in rich countries. e. the sources of comparative advantage in trade.