Question

Best indicator of economic development of any country is

Answer 1

Answer:

Explanation:

Alchian and Demsetz: "Production, Information Costs, and Economic Organization" ... They must provide incentives such that this capital is used efficiently in production. This is done through contracts, just as it is between individuals and firms in what we normally consider market transactions.

Answer 2

Answer:

According to me, money is the best indicator because it is only responsible the determining the economy of our country.

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