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Virginia Tech ECON 92237 Quiz 6 1)In Ch

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ECON 92237

Quiz 6

1)In Ch. 1 of the text, Douglass North defines institutions as formal organizations.

a.            True

b.            False

2.            Acemoglu et al. argue that even after properly controlling for institutional variation, geography (specifically, distance from the equator) explains why some countries have lower incomes.

a.            True b. False