Multiple Choice
Rent seeking behavior can affect economic growth because
A) it stimulates innovation
B) it allows arbitrageurs to capture profits that would otherwise go unrealized
C) it reduces the level of risk in the economy
D) it provides an efficient use of land
E) it shift labor away from entrepreneurial activity
Correct Answer:
Verified
Correct Answer:
Verified
Q11: The next questions refer to the following.<br>Suppose
Q12: In the long run,by increasing total factor
Q13: Social capital includes<br>A) rent seeking<br>B) corruption<br>C) public
Q14: Increases in human capital<br>A) reduce the marginal
Q15: A sudden technological advance will generally result
Q17: Generally speaking year of schooling are<br>A) Rising
Q18: The next questions refer to the following.<br>Suppose
Q19: Economic historians argue that an important trigger
Q20: If human capital were the same in
Q21: The next questions refer to the following.<br>Suppose