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Attempts:Score: 12 34. Problem 34 The International Property Rights Index (IP protected ) scores countries based on the legal and political environment and how well property rights are The following table lists the IPRI scores and GDP per person in 2014 for six countries. Norway Singapore United Kingdom Brazil Algeria Bangladesh IPRI Score 8.3 8.2 7.8 5.5 4.1 3.4 GDP per Person (Current US Dollars) 97,307.4 56,284.6 46,322.0 11,384.4 5,484.1 1,086.8 Countries with better property rights protection generally have higher income per person than those with poor property rights enforcement.Bangladesh 3.4 1,086.8 protection generally have higher income per person than those with poor pre What can the government of a relatively poor country do to promote economic prosperity? Check all that apply. Encourage its officials to facilitate business operations and encourage investment by accepting bribes. Establish and enforce strong property rights. O Give inventors and authors exclusive, temporary rights to market to sell their creations. O Impose steep tariffs on imports from foreign countries in order to protect domestic industries.

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Answer #1

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Higher

It is observed with the tabular data that Norway with higher IPRI has highest GDP per person, whereas Bangladesh has lowest of the same in IPRI and GDP per person.

Correct Answer:

B

C

Strong IP rights and its implementation encourages innovation and creativity that facilitates economic growth. It will bring rise in GDP per capita.

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