Which of the following encourage(s) entrepreneurs to innovate?
a. the patent system
b. the enforcement of contracts by the courts
c. private property rights
d. All of the above are correct.
d
Economics
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Supply-side economics calls for:
a. lower taxes on businesses and individuals. b. regulatory reforms to increase productivity. c. government subsidies to promote technological advance. d. All of these.
Economics
Compared to IACs, LDCs are often characterized by:
a. lower adult literacy. b. lower per capita energy consumption. c. lower life expectancy. d. All of the answers are correct.
Economics