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When a Society's Economic Institutions Provide Secure Property Rights,set Up

Question 97

Multiple Choice

When a society's economic institutions provide secure property rights,set up a judicial system that enforces contracts and upholds the law,allow private parties to sign contracts for economic and financial transactions,and maintain relatively free entry into different businesses and occupations,the institutions in the society are said to be ________.


A) inclusive
B) extractive
C) exclusive
D) exogenous

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