5. Economic growth and public policy Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign portfolio investment in Argentina. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Protecting property rights and enforcing contracts Increasing taxes on income from savings Imposing restrictions on foreign ownership of domestic capital Providing tax breaks and patents for firms that pursue research and development in health and sciences In less developed countries, what does the term brain drain refer to?

5. Economic growth and public policy Suppose an American buys stock issued by an Argentinian corporation. The Argentinian firm uses the proceeds from the sale to build a new office complex. This is an example of foreign portfolio investment in Argentina. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. Protecting property rights and enforcing contracts Increasing taxes on income from savings Imposing restrictions on foreign ownership of domestic capital Providing tax breaks and patents for firms that pursue research and development in health and sciences In less developed countries, what does the term brain drain refer to?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 3PA

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