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Explain How Each of the Following Could Discourage Economic Growth

question 77

Essay

Explain how each of the following could discourage economic growth:
a.The government closes all of the schools so that more people will be available for work.
b.The country fears military invasion and spends half of its income on military goods.​


Definitions:

Short-Form Merger

A type of merger that occurs when a parent company absorbs a subsidiary without obtaining approval from the subsidiary’s shareholders, typically allowed under certain conditions by law.

Statutory Provisions

Specific requirements, rules, or laws enacted by a government’s legislative body.

Creditors

Individuals or entities to whom money is owed by debtors.

Dissolution

The process of legally dissolving a corporation or partnership, effectively ending its existence.

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