Business, 01.03.2021 22:10 PinkDivaGirl02
In early 2019, The Economist reported that Venezuela’s GDP had fallen by 50% over just five years. During the same time period, charges of bribery and corruption were piling up upon members of the Venezuelan government, including President Nicolás Maduro, whose reelection that year was widely perceived as illegitimate. Using what you learned in the chapter, indicate how bribery and corruption in the Venezuelan government could lead to declines in GDP.
a. The negative impact of bribery and corruption on growth is primarily due to their impact on consumption . What are some of the crucial elements that governments must provide to encourage innovation and growth?
b. Governments should
A. adopt efficient regulations.
B. recognize and guarantee property rights.
C. establish and maintain a stable society.
D. embrace policies that encourage innovation.
Answers: 2
Business, 22.06.2019 14:50
Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
Answers: 3
Business, 22.06.2019 20:40
Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
Answers: 1
Business, 23.06.2019 02:00
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
In early 2019, The Economist reported that Venezuela’s GDP had fallen by 50% over just five years. D...
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