Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) In an economy-wide sense,property rights are an important prerequisite for the price system to work.
B) Property rights give people the ability to exercise authority over the resources they own.
C) Based on the available evidence,the existence of well-established and well-enforced property rights appears to be associated with an enhanced standard of living.
D) All of the above are correct.