Who has ignored the rulings and why

Assignment Help Business Economics
Reference no: EM1350304

The dictator of Turan has recently begun to arbitrarily seize farms belonging to his political opponents, and he has given the farms to his friends. His friends don't know much about farming. The courts in Turan have ruled that the seizures are illegal, but the dictator has ignored the rulings. Other things equal, we would expect that the growth rate in Turan will

a. fall temporarily, but will return to where it was when the new owners learn how to farm.

b. increase because the total amount of human capital in the country will increase as the new owners learn how to farm.

c. fall and remain lower for a long time.

d. not be affected unless widespread civil disorder or civil war results.

Reference no: EM1350304

Questions Cloud

Responsibility of school counselors : By this statement, the association recognizes that prevention is an important responsibility of school counselors.
What is the overall change in the internal energy of the gas : A gas expands while 502 J of energy is added to it as heat. The expanding gas does 422 J of work on its surroundings.
Information regarding eating disturbances : Looking at information regarding eating disturbances (anorexia, bulimia, obesity, overeating, body dysmorphia, body image distortions), develop a media campaign proposal designed to change the current negative media and advertising initiatives.
Fixed cost or operating leverage : How do fixed costs create operating leverage? How does operating leverage impact the overall risk level of the company? What is the impact on earnings?
Who has ignored the rulings and why : increase because the total amount of human capital in the country will increase as the new owners learn how to farm.
Calculate the amount of payment : John purchase a home for $150,000 and takes out a five year adjustable rate mortgage with a beginning rate of 6%. He makes annual payments rather than monthly payments.
Method takes string and integer as parameters : Write a method called multiConcat which takes a String and an integer as parameters. Return String made up of the string parameter concatenated with itself count times.
Find the work on the flight bag : A 3.10 kg steel ball strikes a wall with a speed of 10 m/s at an angle of 60 ° with the surface. It bounces off with the same speed and angle. If the ball is in contact with the wall for 0.190 s, what is the average force exerted on the ball by th..
Channel conflict - horizontal and vertical conflict : Get an understanding of channel conflict -- horizontal and vertical conflict

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what is their goal also decision criteria

Which economic decision makers conclude the provider of labor. Illustrate what is their goal also illustrate what decision criteria do they utilize in trying to reach which goal.

  Elucidate the nature of competition in a marketplace

Elucidate the nature of competition in a marketplace which is characterized by a high barrier to entry and a significant product homogeneity.

  Action monetary policymakers

Clarify what action monetary policymakers must take for the actions of fiscal policymakers to have no effect on real income.

  Trying to conclude a nations economic success.

what could affect every also a Discussion of why it is more accurate to examine both when trying to conclude a nation's economic success.

  Income also substitution effects for leisure for jake

Illustrate what do the results tell you about the relative size of the income also substitution effects for leisure for Jake.

  Elucidate a personal daily struggle is an example

Elucidate a personal daily struggle that is an example of the law of noncontradiction and the challenges posed to your beliefs and decisions.

  Economy slipped into recession

Suppose it had begun an expansionary policy early in 1981. What does the text's analysis of the inflation unemployment cycle suggest about how the macroeconomic history of the 1980s might have been changed.

  Change of the particular market model

Describe the industry and explain the general pattern of change of the particular market model.

  Minnesota is known for top-quality medical care

Demand graph to assist in explaining the increase in the price of chain saws after Hurricane Andrew. The mayo clinic in Minnesota is known for top-quality medical care.

  Illustrate what are equations for is and lm curves

Illustrate what are equations for IS and LM curves. Illustrate What is equilibrium level of income and interest rate.

  Last input added to the total amount of revenue

Elucidate how much the last input added to the total amount of revenue. Elucidate how much the last input added to the total amount of production.

  Effects of the drought under the tariff

Compare the effects of the drought under the tariff with those under the quota

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd