Which of the following is most likely to be a serious obstacle retarding the growth of less-developed nations?
A) a lack of knowledge about modern technology
B) a lack of natural resources
C) slow population growth
D) low capital formation as the result of a weak legal system
Correct Answer:
Verified
Q7: When competition is present and property rights
Q12: Monetary and price instability will
A) make it
Q13: When the government is heavily involved in
Q15: Why do political instability and insecure property
Q23: An open capital market affects a nation's
Q42: Which of the following would be most
Q57: Which of the following will discourage investment?
A)well-defined
Q61: Which of the following is true?
A)Tax rates
Q62: Which of the following will tend to
Q63: Which of the following would be most
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