In a world with no money, costs are expressed in terms of other goods. If one video game costs two hamburgers, and a hamburger costs three sodas, how many sodas would it take to buy a video game?

Insecure property rights induce owners of productive assets to

A) discount expected income from their ownership at a very low rate. B) place a higher value on those assets if they want to sell them. C) use those assets more cautiously to reduce depreciation. D) do all of the above. E) do none of the above.

De Soto's The Other Path encourages poor countries to use their development policies to do all of the following except

A. Enforce laws to safeguard property. B. Encourage population growth. C. Reduce regulations. D. Encourage entrepreneurship.