An Overview of a Variety of Studies About the Link

question 2

Multiple Choice

An overview of a variety of studies about the link between regime type and economic growth should lead one to the following conclusion:

• A) Democracy is better for growth than dictatorship.
• B) Dictatorship is better for growth than democracy.
• C) Regime type makes no difference.
• D) There are some empirical studies that support each of the conclusions listed in (a)-(c), above. In part, this variation in conclusions is likely to be the result of the different datasets used across the analyses.

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Definitions:

Financial Reports

Financial reports are formal records of the financial activities and position of a business, person, or other entity.

Public Accountants

Professionals who provide accounting services to the general public, including auditing, tax preparation, and consulting services.

Balance Sheet

A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time.