Which best describes the growth process from its ultimate to its immediate causes?
a.<...
Mathematics, 16.10.2019 05:10 dom546
Which best describes the growth process from its ultimate to its immediate causes?
a.
incentives → institutions → factors of production → real gdp per capita
b.
institutions → incentives → factors of production → real gdp per capita
c.
factors of production → institutions→ incentives → real gdp per capita
d.
factors of production → incentives→ institutions → real gdp per capita
Answers: 3
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