Multiple Choice
The president of a poor country has announced that he will implement the following measures that he claims are designed to increase growth: 1.Reduce corruption in the legal system;2.Reduce reliance on market forces because they allocate goods and services in an unfair manner;3.Restrict investment in domestic industries by foreigners because they take some of the profits out of the country;4.Encourage trade with neighboring countries;and 5.Increase the fraction of GDP devoted to consumption.How many of these measures will have a positive effect on growth?
A) 1
B) 2
C) 3
D) 4
Correct Answer:
Verified
Correct Answer:
Verified
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