Which of the Following Policies Would Be Associated with an Extractive

question 10

Multiple Choice

Which of the following policies would be associated with an extractive institution?

• A) A flat 5% tax rate applies to all income of all individuals.
• B) The fees for obtaining a business license to start a new business are reduced.
• C) Strict limits are imposed on the importing of automobiles.
• D) Laws allow all adult citizens to vote.

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Definitions:

Explanatory

Pertaining to a variable in a statistical model that is used to explain or predict changes in a response variable.

Response

In statistics, the answer or reaction to some stimulus or experiment; in communication, it's the reply or reaction to a message or question.

Air Pressure

The force exerted onto a surface by the weight of the air above that surface in the atmosphere of Earth.

Altitude

The height of an object or point in relation to sea level or ground level.