Nolivia is a small and poor nation, but its current president has a genuine desire to create more wealth for Nolivia citizens. The president has received recommendations from several of her advisors. Which of the following recommendations is likely to create the most wealth for Nolivia?Establish a business environment that promotes and rewards entrepreneurship. Disconnect a business environment that promotes and rewards entrepreneurship.
Reapply a business environement
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Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
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Nolivia is a small and poor nation, but its current president has a genuine desire to create more we...
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