Property rights often remain poorly defined because of _____
a. difficulty enforcing ownership once defined
b. government fiat
c. strong incentives towards the status quo
d. monopolies
a
Economics
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The menu cost theory suggests that
A) wages and prices move freely and quickly. B) the economy is characterized only by perfect competition. C) there will be no unemployment. D) firms find frequent price changes to be costly.
Economics
The spot rate is the rate at which foreign currencies will be exchanged a specified number of days in the future
Indicate whether the statement is true or false
Economics