Chose ALL that apply A nation might achieve higher economic

Chose ALL that apply

A nation might achieve higher economic growth if it:

- devotes more resources to technolgoy resources and development

- limits immigration

- has a clear regulatory process

- taxes investment in capital

Solution

?Devoting more resources to the technology will make the production process more efficent so at a better technology any country can produce goods cheaply and easily so this adds to the economic growth of the company. The more the development more the growth to the economy, it attracts foreign investments as well as the domestic investment. Having a clear regulatory system also add more to the economic growth, the clear regulatory systems does not make any confusions so it is good.

Limiting the imigration would weaken the labour market of the country, without a good labour market the country cannot acheive nothing so it will hinders the economic growth. Taxing the investment capital will also reduce the economic growth of the country.