Economists Say That the Relationship Between Good Institutions and Good

Multiple Choice

Economists say that the relationship between good institutions and good economic results is that:

A) good institutions are essential to good economic outcomes.
B) good economic outcomes enable a society to build good institutions.
C) good institutions are not necessary for good government and good economic outcomes.
D) good economic results are usually based on access to essential natural resources and a competent labor force-not on access to societal institutions.