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Economics

Explain briefly (in no more than a sentence or two for each part) how the following public policies might help raise the US standard of living?

a. The government decides to spend money to improve the quality of primary and secondary school education.

b. The government increases the budget for the National Science Foundation.

c. The government adopts policies that encourage US households to consume less and save more.

d. The government allows foreigners to build, own, and operate new factories in the US.

e. The government secures property rights so that all citizens can benefit in the future from their investments today.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91233402

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