By examining the data on the 18th century market for beaver furs, we learn an important economic lesson: Intense and growing competition in the absence of appropriate ____________ fails
a. property rights
b. government controls
c. price ceilings
d. tort laws
a. property rights
Economics
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Which of the following transactions would be included in Japan's current account?
A) A Japanese citizen purchases 50 shares of Google stock. B) An American citizen purchases a new Toyota made in Japan. C) A Japanese citizen purchases a new Toyota made in Japan. D) An American citizen purchases 50 shares of Toshiba stock.
Economics
The rate at which a consumer is willing to trade off one good for another is called the __________
Fill in the blank(s) with correct word
Economics