Solved

If Property Rights Are Not Well Enforced,all of the Following

Question 159

Multiple Choice

If property rights are not well enforced,all of the following are likely to occur except


A) fewer goods and services will be produced.
B) economic efficiency will be reduced.
C) an economy will produce inside its production possibilities frontier.
D) a significant number of people will be willing to risk their funds by investing them in local businesses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q154: Figure 2-10 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-10

Q155: Which of the following is an example

Q156: A student comments to his roommate that

Q157: Figure 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-6

Q158: The basis for trade is absolute advantage,not

Q160: Figure 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-6

Q161: The payment received by suppliers of entrepreneurial

Q162: The idea underlying Adam Smith's "invisible hand"

Q163: The primary purpose of patents and copyrights

Q164: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 2-2