All of the Following Are Factors That Determine Whether a Country's

question 96

Multiple Choice

All of the following are factors that determine whether a country's economy can provide a high standard of living for its residents and whether that standard of living can increase over time EXCEPT

• A) the ability of the country's businesses to accumulate capital.
• B) the ability of the country's businesses to adopt the latest technology.
• C) the ability of the country's government to provide a legal framework that protects property rights and enforces contracts.
• D) the ability of the country's government to print money in response to high levels of inflation.

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Definitions:

Unusual Circumstances

Situations that are not common or expected and often require special consideration or handling.

Prove

To establish the truth or validity of something through evidence or argument.

Tortious Act

A wrongful action causing harm or injury to another, leading to civil legal liability outside of breach of contract.

Damages

Financial compensation that a party is ordered to pay to another as a result of harm or injury.