Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP. a. Trueb. False Countries with more economic freedom during the past quarter of a century generally achieved higher rates of economic growth. a. Trueb. False

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Abel Day

Business

2 December, 12:28

Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP. a. Trueb. False Countries with more economic freedom during the past quarter of a century generally achieved higher rates of economic growth. a. Trueb. False

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Gloria Miller · Answer 1

a. False.

a. True.

Explanation:

It is correct to say that a country with more economic freedom during the last quarter of a century had a higher average GDP per capita than other countries with less freedom, this is due to the fact that the greater the economic freedom, the greater the economic growth of the country, which generates an increase in the country's productive capacity, increases demand, supply, the level of employability, the purchasing power of the population, which, integrated, these factors correspond to the increase in the country's quality of life, which increases the GDP per capita.