Which of the Following Government Policies Is Least Likely to Increase

question 1

Multiple Choice

Which of the following government policies is least likely to increase growth in Africa?

• A)Increase expenditures on public education.
• B)Eliminate civil war.
• C)All of these answers would increase growth.
• D)Reduce restrictions on foreign capital investment.
• E)Increase restrictions on the importing of European tractors and electronics.

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Definitions:

Economic Loss

The difference between the cost of inputs and the revenues received from outputs, indicating a negative outcome in financial performance.

Profit-Maximizing Price

The selling price that leads to the highest possible profits for a firm, considering its costs and market demand.

Panel

A group of people gathered to discuss, investigate, or make decisions about a specific subject or issue.

Restaurants

Establishments where food and drinks are prepared and served to customers.