9.In Nunn and Wantchekon (2011) the authors find that trust is a key mechanism through which the slave trade affects growth a. The mechanisms operate only true the effect it has on local institutions b. This is because trust in others and institutions create an environment more conducive to investments c. The mechanisms operate only true the effect it has individuals who then transmit it through the family d. This is because trust in yourself affects investment decision increasing growth

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
Problem 10P
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9.In Nunn and Wantchekon (2011) the authors find that trust is a key mechanism through which the slave trade affects growth

a.
The mechanisms operate only true the effect it has on local institutions

b.
This is because trust in others and institutions create an environment more conducive to investments

c.
The mechanisms operate only true the effect it has individuals who then transmit it through the family

d.
This is because trust in yourself affects investment decision increasing growth

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