The following question is an example of microeconomic analysis, "What determines the price of gasoline in a particular city or town?"

In a world without transactions costs, how will a change in property rights affect

(i) economic efficiency, (ii) the distribution of income, and (iii) the allocation of resources? Explain, using the Weak and Strong Coase Theorems.

Between 1999 and 2015, globally the number of children who were not attending school:

A. dropped to less than 6 percent. B. doubled. C. reduced by half. D. dropped to less than 16 percent.