All of the following are preconditions for economic growth EXCEPT i. property rights. ii. democracy. iii. free markets

A) i only
B) ii only
C) iii only
D) Both i and ii
E) i, ii, and iii

B

Economics

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In the figure above, the relationship between the x variable and the y variable

A) is positive. B) is negative. C) starts by being positive and then becomes negative. D) starts by being negative and then becomes positive.

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A perfectly competitive firm definitely will shut down in the short run if its price is below its average total cost

Indicate whether the statement is true or false

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