1. How can an effective legal system facilitate economic growth? 2. In July 2013, Brazil's Ministry...

1. How can an effective legal system facilitate economic growth?

2. In July 2013, Brazil's Ministry of Finance announced that the GDP forecast for the year had been lowered to 3% from 3.5%. Why would Brazil's Ministry of Finance announce a 0.5% difference in GDP growth? Explain why a 0.5% change in the growth rate is significant, aside from the lower current GDP.

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Rahul Sunny answered 1 year ago

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1. How can an effective legal system facilitate economic growth? 2. In July 2013, Brazil's Ministry...

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