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The Positive Correlation Between Economic Success and Well-Defined Private Property

Question 2

Multiple Choice

The positive correlation between economic success and well-defined private property rights is:


A) a statistical anomaly,and not a causal relationship.
B) an example of capitalist greed and exploitation.
C) due to the observation that,when resources are owned,they are not treated as if they have a marginal cost of zero.
D) only evident in the Western world.

Correct Answer:

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