Which of the following would be an example of a growth-promotinginstitutional reform?Select one:Balancing the fiscal budget to reduce the public debt.O b. Establishing museums to preserve Maroon and otherimportant national cultures.Encouraging people to save more in order to grow the pool ofsavings.O d. Increasing public capital expenditure to improve the quality ofthe country's infrastructure.O e. Discouraging people from squatting on land they don't ownand enforcing the property rights of the owners.Clear my choice

Explanation: Enforcing property right involves institutional reforms and such reforms require…

Answered: of the following would be an example of…

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of the following would be an example of a growth-promo

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 5P

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Question

Which of the following would be an example of a growth-promoting
institutional reform?
Select one:
Balancing the fiscal budget to reduce the public debt.
O b. Establishing museums to preserve Maroon and other
important national cultures.
Encouraging people to save more in order to grow the pool of
savings.
O d. Increasing public capital expenditure to improve the quality of
the country's infrastructure.
O e. Discouraging people from squatting on land they don't own
and enforcing the property rights of the owners.
Clear my choice

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