The Dictator of a Certain Country Requires That Companies Planning

question 225

Multiple Choice

The dictator of a certain country requires that companies planning to open or expand must pay a large fee to file an application one year prior to building new factories or expanding existing ones. Other things the same, in the long run this requirement would

• A)reduce real GDP per person and productivity.
• B)reduce real GDP per person but not productivity.
• C)reduce productivity but not real GDP per person.
• D)None of the above is correct.

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Definitions:

Equality

Fairness and justice achieved through same treatment.

Tokenism

The practice of making only a perfunctory or symbolic effort to be inclusive to members of minority groups, especially by recruiting a small number of people from underrepresented groups in order to give the appearance of equality within a workforce.

Equity

The concept of fairness and justice within the context of society, often related to issues of wealth, opportunities, and rights.

Intersectionality

A framework for understanding how aspects of a person's social and political identities combine to create different modes of discrimination and privilege.