The protection of property rights leads to
A. unemployment.
B. more capital formation.
C. more illiteracy.
D. more poverty.
Answer: B
Economics
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Wealth consists ultimately of
A) gold. B) land. C) money. D) whatever people value.
Economics
Suppose the industry for washing machines has only four firms. The market shares are: Firm A, 40 percent; Firm B, 20 percent; Firm C 20, percent; and Firm D, 20 percent
a) What is the Herfindahl-Hirschman Index (HHI)? b) If Firms C and D were to announce a merger, would the Department of Justice oppose the merger?
Economics