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Business, 19.07.2021 16:20 ryanbreland14
The president of a poor country has announced that he will implement the following measures, which 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 have historically had, on average, a positive effect on long-run growth
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The president of a poor country has announced that he will implement the following measures, which h...
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