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joshtatum92 joshtatum92
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A month ago
Which of the following statements is TRUE?

▸ The institutions governing a nation are considered proximate causes of prosperity.

▸ Cultural and geographical factors that affect economic prosperity can be changed faster than the institutional factors that affect it.

▸ Institutions determine the degree to which society accumulates factors of production and adopts new technology.

▸ Societal religious beliefs and existing social norms are key proximate causes of economic prosperity.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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AdieMichelleAdieMichelle
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Institutions determine the degree to which society accumulates factors of production and adopts new technology.
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joshtatum92 Author
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A month ago
Smart ... Thanks!
lolaww
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Yesterday
Correct Slight Smile TY
carston
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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