When government defines and enforces property rights, this is an example of government as
a. referee.
b. regulator of business.
c. buyer of goods and services.
d. tax collector.
e. redistributor.
a
Economics
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In a production possibilities frontier model, a point ________ the frontier is productively inefficient
A) outside B) at either intercept of C) inside D) along
Economics
Theoretically, the price of a field hand on the New Orleans slave market would have
a. varied directly with the price of cotton. b. risen as interest rates fell. c. risen when the importation of slaves became illegal. d. All of the above are true.
Economics