Solved

The Dictator of a Country Requires That Companies Planning to Open

Question 116

Multiple Choice

The dictator of a country requires that companies planning to open or expand must pay a large fee to file an application one year prior to building new factories or expanding existing ones.Other things the same,in the long run this requirement would


A) reduce real GDP per person and productivity.
B) reduce real GDP per person but not productivity.
C) reduce productivity but not real GDP per person.
D) None of the above is correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions