When Considering the Impact of Institutions and Policies on Economic

question 90

Multiple Choice

When considering the impact of institutions and policies on economic performance, it is most important to focus on

• A) long-term economic growth.
• B) short-term economic growth.
• C) business cycle fluctuations.
• D) the labor force participation rate of married women.

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Definitions:

Passive Margin

A continental margin that is not associated with a plate boundary and generally experiences less tectonic activity, often featuring thick sediment deposits.

Supercontinent

A massive landmass consisting of all, or nearly all, of the Earth's continents merged together, which has formed and broken apart several times in Earth's history.

Rodinia

An inferred supercontinent, consisting of all the continents joined, that existed near the Precambrian-Paleozoic boundary.

Taconic Orogeny

An early Paleozoic orogeny that occurred in the northern Appalachians and is interpreted to represent a collision between an island arc and North America.