Three US-based academics Simon Johnson, James Robinson and Daron Acemoglu won the 2024 Nobel Prize in Economics for their work on:

A. “How institutions are formed and affect prosperity”Correct Answer
B. “Advancing understanding of women’s earnings and labor market outcomes”
C. “Research into banks and financial crises”
D. “Failure of macroeconomic policies in developing countries”
Correct Option: A. “How institutions are formed and affect prosperity”

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