Government enforced property rights are crucial to economic growth because they
What will be an ideal response?
-make the returns to? risk-taking relatively more certain.
-provide incentives for capital accumulation and entrepreneurial activity.
-encourage people to save knowing their wealth will not be arbitrarily confiscated.
All of the above.
Economics
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Pollution and depletion both occur because of poorly defined property rights
Indicate whether the statement is true or false
Economics
Until the 1980s most private pension plans were "defined __________" plans under which the periodic employer payment into the plan was __________
A) benefit; variable B) benefit; preset C) contribution; variable D) contribution; preset
Economics