Three US-based academics Simon Johnson, James Robinson and Daron Acemoglu won the 2024 Nobel Prize in Economics for their work on:
Correct answer: D. "How institutions are formed and affect prosperity"
- A. "Failure of macroeconomic policies in developing countries"
- B. "Advancing understanding of women's earnings and labor market outcomes"
- C. "Research into banks and financial crises"
- D. "How institutions are formed and affect prosperity"
Explanation
The laureates studied how political and economic institutions are created and how inclusive institutions support long-term prosperity. The other choices describe different areas of economic research.
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