According to Mankiw (2019), which of the following institutions has shown relatively greater efficiency in allocating resources and relatively faster growth compared to others? O a. Countries with larger extent of corruption O b. Countries with authoritarian rule O c. Democratic capitalist countries with French-style legal system O d. Democratic capitalist countries with English-style legal system

Exploring Economics
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ISBN:9781544336329
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Chapter20: Economic Growth In The Global Economy
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According to Mankiw (2019), which of the following institutions has shown relatively greater
efficiency in allocating resources and relatively faster growth compared to others?
O a. Countries with larger extent of corruption
O b. Countries with authoritarian rule
O c. Democratic capitalist countries with French-style legal system.
O d. Democratic capitalist countries with English-style legal system
Transcribed Image Text:According to Mankiw (2019), which of the following institutions has shown relatively greater efficiency in allocating resources and relatively faster growth compared to others? O a. Countries with larger extent of corruption O b. Countries with authoritarian rule O c. Democratic capitalist countries with French-style legal system. O d. Democratic capitalist countries with English-style legal system
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