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Institutions that Promote Economic Growth
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Institutions that Promote Economic Growth
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13. Productivity and Economic Growth / Institutions that Promote Economic Growth / Problem 1
Problem 1
Which set of government actions is most likely to foster long-term economic growth?
A
Investment in education, clear property rights, and free trade.
B
Focus on short-term profits, reduced savings incentives, and limited foreign investment.
C
Isolation from global markets, increased government control over businesses, and reduced infrastructure spending.
D
Increased tariffs, reduced public education funding, and higher corporate taxes.
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