The government policy that does not increase economic growth is A. incentives to firms in the form of investment tax credits that can take the economy out of a low saving-investment trap. B. policy concerning property rights and rules of law that can free the country from corruption and political instability. C. better health and education policies that provide free childhood vaccination, water purification, and K-12 public education. D. foreign trade policy that favors imposing a high tariff on imported high-tech goods.

Question

Alissa Skinner

Social Studies

11 February, 12:01

The government policy that does not increase economic growth is A. incentives to firms in the form of investment tax credits that can take the economy out of a low saving-investment trap. B. policy concerning property rights and rules of law that can free the country from corruption and political instability. C. better health and education policies that provide free childhood vaccination, water purification, and K-12 public education. D. foreign trade policy that favors imposing a high tariff on imported high-tech goods.

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Dee · Answer 1

Answer: D. Foreign trade policy that favors imposing a high tariff on imported high tech goods.

Explanation:

The government policy that does not increase economic growth is foreign trade policy that favors imposing a high tariff on imported high-tech goods. Tariffs are used to restrict imports so this way increases the price of goods and services purchased from another country, and it makes them less attractive to domestic consumers. Government imposes this tariffs to protect domestic industries, raise revenue and exert political leverage over another country.