The exclusive rights of ownership of property are generally referred to as
A) level property rights.
B) private property rights.
C) public property rights.
D) common property rights.
B
Economics
You might also like to view...
In principle, a list of absolute necessities should change regularly over time
Indicate whether the statement is true or false
Economics
Suppose the price level is fixed, the MPC is .8, and the GDP gap is a negative $200 billion. To achieve full-employment output (exactly), government should:
A. increase government expenditures by $200 billion. B. reduce taxes by $200 billion. C. increase government expenditures by $40 billion. D. reduce taxes by $160 billion.
Economics