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Please answer textbook questions 1, 3, and 4
1-Free market economies stimulate greater economic growth, whereas state directed economies stifle growth. Discuss.
3-What is the relationship between corruption in a country (i.e. government officials takin bribes) and economic growth? Is corruption always bad?
4-You are the CEO of a company that has to choose between making a $100 million investment in Russia or Portland. Both investments promise the same long-run return, so your choice is driven by risk considerations. Assess the various risks of doing business in each of these nations. which investment would you favor and why?
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