Enforcing property rights in an economy will
A) decrease the level of foreign portfolio investment.
B) raise the level of investment.
C) cause the market system to work less efficiently.
D) encourage corruption and expand the underground economy.
B
Economics
You might also like to view...
If a good has a price elasticity of demand coefficient less than one, then:
A. this good has an elastic demand. B. this good has an inelastic demand. C. a 10 percent increase in the price will result in a greater than 10 percent decrease in the quantity demanded. D. the demand curve will be vertical.
Economics
The urban consumers that the CPI is based on includes:
A. institutionalized persons. B. persons in the military. C. incarcerated persons. D. the CPI does not include any of these.
Economics