Property rights protect
A) only the rights to physical property.
B) rights to physical property, financial property, and intellectual property.
C) the government's right to impose taxes.
D) only the rights to financial property.
E) all rights except rights to intellectual property.
B
Economics
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Monopolistic competition is an inefficient market structure because
a. marginal revenue equals marginal cost. b. it has a deadweight loss, just as monopoly does. c. long-run profits are zero due to free entry. d. All of the above are correct.
Economics
Using the rule of 70, if the GDP per capita growth rate in the United States is 4.4 percent, real GDP per capita doubles every:
A. 6.72 years. B. 15.91 years. C. 44 years. D. 65.6 years.
Economics