In Some Countries It Is Time Consuming and Costly to Establish

question 157

Multiple Choice

In some countries it is time consuming and costly to establish ownership of property.Reforms to reduce these costs would likely

• A)have no affect on either real GDP nor productivity
• B)raise real GDP and productivity.
• C)raise real GDP but not productivity.
• D)raise productivity but not real GDP.

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Definitions:

Relationship

How two or more entities, things, or persons relate to each other, or their state of linkage.

Predict

To declare or indicate an event, condition, or result in the future, typically based on observation, experience, or scientific reasoning.

Representative Sample

A smaller portion of a population that accurately represents the characteristics of the whole population.

Residents

Individuals who inhabit a particular place or locality, usually implying a degree of permanence.