A successful market economy requires
A) an equitable distribution of income and limits on immigration.
B) generous unemployment benefits and paid medical leave for everyone in the labor force.
C) a government-controlled banking system and government price controls.
D) well-defined property rights and an independent court system to adjudicate disputes based on the law.
D
Economics
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Which of the following will cause a decrease in aggregate demand?
A. Restrictive monetary policy. B. A decrease in the reserve requirement. C. Expansionary monetary policy. D. The purchase of bonds by the Fed.
Economics
The following have strengthened individual control over private property: taxation, zoning, land-use restrictions and eminent domain law
Indicate whether the statement is true or false
Economics