Which of the following helps explain low growth rates of many less developed countries?
a. Good law enforcement
b. Political stability
c. Low population growth rates
d. Excellent legal systems
e. Near-subsistence levels of per capita output
E
Economics
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A firm producing a relatively large quantity before any rivals have entered the market, is an example of first-mover advantage
What will be an ideal response?
Economics
Does the money demand curve have a positive slope or a negative slope? Why does it have this slope? Explain why an increase in the variable on the vertical axis of the money demand curve causes either an increase or a decrease in the variable on the
horizontal axis of the money demand curve. What will be an ideal response?
Economics