According to the World Bank, Albania does one of the worst jobs as a country enforcing the rule of law. The consequence of a weak rule of law is
A) a decrease in cash transactions and increased efficiency.
B) more risk taking on the part of entrepreneurs and greater economic investment.
C) strong property rights enforcement leading to greater investment.
D) difficulty in attracting investment and low economic growth.
D
You might also like to view...
In a closed economy, the goods market is in equilibrium when
A) Y = S + I + G. B) C + S = I + G. C) C + I = S + G. D) Y = C + I + G.
Which one of the following statements is correct?
a. Policymakers have good intentions and therefore their proposals will create good outcomes. b. Potential secondary effects do not need to be considered when deciding whether to implement a new government program. c. A good outcome is guaranteed from a government program if it is created with good intentions. d. Government programs can be implemented with good intentions but can lead to undesirable outcomes because of unintended consequences.