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Institutions, policies, and economic growth Suppose you are contemplating emigrating from your home country to the fictional country of Klaxon

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Institutions, policies, and economic growth Suppose you are contemplating emigrating from your home country to the fictional country of Klaxon. Klaxon has the same policies and institutions as your home country except it has a government with less power to confiscate private property. Also, your home country has higher marginal tax rates than Klaxon. If you base your decision to emigrate solely on the prospects for economic arowth, you would more less After you make your decision, the easternmost province of Klaxon secedes from the re retain all the policies and institutions of Klaxon except that East Klaxon will have great decision to emigrate solely on prospects for economic growth, East Klaxon would be a country to form East Klaxon. East Klaxon plans to hess to international trade. Again, if you based your attractive emigration destination than Klaxon. Grade It Now Save & Continue Continue without saving