Macroeconomics 20th Edition by Campbell McConnell,Stanley Brue,Sean Flynn

Exercise 3

Identify each of the following situations as something that either promotes growth or retards growth.
a. Increasing corruption allows government officials to steal people's homes.
b. A nation introduces patent laws for the first time.
c. A court order shuts down all banks permanently.
d. A poor country extends free public schooling from 8 years to 12 years.
e. A nation adopts a free-trade policy.
f. A formerly communist country adopts free markets.