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(I)When a Country's Institutions and Policies Provide Secure Property Rights,a

Question 37

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(I) When a country's institutions and policies provide secure property rights,a fair and balanced judicial system,monetary stability,and effective limits on government's ability to transfer wealth through taxation and regulation,creative individuals are more likely to engage in product development,investment,and other productive activities.
(II) When a country's legal and regulatory environment fails to protect property rights and is often used to favor some at the expense of others,individuals are instead more likely to engage in attempts to manipulate the political and legal process in order to plunder wealth from others.


A) I is true,II is false.
B) I is false,II is true.
C) Both I and II are true.
D) Both I and II are false.

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