🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Economics
8
answers
0
watching
28
views
12 Dec 2019

Which one of the following is a key to economic development?

the preservation of established means of production
a high level of protection against imported products
an educated population
the removal of property rights

Watch
8
answers
0
watching
28
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Unlock all answers

Get 1 free homework help answer.
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share
Get unlimited access
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

Which of the following is an example of an institution that promotes economic growth?

  • high barriers to international trade
  • bartering as a means of trade
  • private property rights
  • constant war and conflict
  • collective property ownership

Based on the Solow growth model with population growth and labor-augmenting technological progress, explain how each of the following policies would affect the steady-state level and steady-state growth rate of total output per person:

a) a reduction in the government's budget deficit;

b) grants to support research and development;

c) tax incentives to increase private saving;

d) greater protection of private property rights

Assume that the free trade unit price of a lamp is $200 and the unit cost of an input for a lamp is $100. Given this information about lamp production in a country, calculate the effective rate of protection (ERP) afforded to the lamp industry on each of the following tariffs on lamp inputs.

a) 12% tariff on imported lamp inputs

b)5% tariff on imported lamp inputs

c)20% tariff on imported lamp inputs

d) 0% tariff on imported lamp inputs

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in