Countries That Have Adopted Liberal Reforms and Substantially Increased Their

question 115

Multiple Choice

Countries that have adopted liberal reforms and substantially increased their economic freedom rating in recent years

• A) experienced falling income levels per capita during 1995-2009.
• B) grew slowly during 1995-2009.
• C) achieved impressive growth rates of real GDP per person during 1995-2009.
• D) have grown less rapidly than high income industrial economies.

---

Definitions:

Negative Aspects

Undesirable or harmful features, qualities, or outcomes.

Quick Decisions

Rapid choices or judgments made with minimal deliberation, often relying on intuition or instinct.

Simple Heuristics

Quick, efficient rules or mental shortcuts that help in decision-making, allowing for rapid judgments or problem-solving with minimal cognitive effort.

Evolutionary Psychologists

Scientists who study the psychological adaptations of humans to the changing physical and social environment, especially those that are shaped by natural selection.