Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign (a. portfolio, b. direct) investment in Argentina. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply.a. Protecting property rights and enforcing contractsb. Imposing restrictions on foreign ownership of domestic capitalc. Providing tax breaks and patents for firms that pursue research and development in health and sciencesd. Increasing taxes on income from savings What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best known for suggesting?a. Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal justice systemsb. Improvements in technology from the incentives created by a better patent systemc. Improvements in worker health from better nutritiond. Inward-oriented policies that protect domestic firms from foreign competition Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex.This is an example of foreign __________ investment in Argentina.Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? *Check all that apply.*- [ ] Protecting property rights and enforcing contracts- [ ] Imposing restrictions on foreign ownership of domestic capital- [ ] Providing tax breaks and patents for firms that pursue research and development in health and sciences- [ ] Increasing taxes on income from savings What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best known for suggesting?- ( ) Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal justice systems- ( ) Improvements in technology from the incentives created by a better patent system- ( ) Improvements in worker health from better nutrition- ( ) Inward-oriented policies that protect domestic firms from foreign competition

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex.

This is an example of foreign (a. portfolio, b. direct) investment in Argentina.

Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply.

a. Protecting property rights and enforcing contracts

b. Imposing restrictions on foreign ownership of domestic capital

c. Providing tax breaks and patents for firms that pursue research and development in health and sciences

d. Increasing taxes on income from savings

What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best known for suggesting?

a. Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal justice systems

b. Improvements in technology from the incentives created by a better patent system

c. Improvements in worker health from better nutrition

d. Inward-oriented policies that protect domestic firms from foreign competition

Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex.

This is an example of foreign __________ investment in Argentina.

Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? *Check all that apply.*

- [ ] Protecting property rights and enforcing contracts

- [ ] Imposing restrictions on foreign ownership of domestic capital

- [ ] Providing tax breaks and patents for firms that pursue research and development in health and sciences

- [ ] Increasing taxes on income from savings

What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best known for suggesting?

- ( ) Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal justice systems

- ( ) Improvements in technology from the incentives created by a better patent system

- ( ) Improvements in worker health from better nutrition

- ( ) Inward-oriented policies that protect domestic firms from foreign competition

Definition Definition Increase in the amount of goods and services produced by a country in a given period of time compared to an earlier period. Economic growth is generally coupled with a rise in national income or the purchasing power of individuals. It is often measured in terms of the increase in a country's gross domestic product (GDP), or the overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period.

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