A legal system that helps raise a nation's productivity is one that:
A) makes it easy for people to engage in contracts and to establish property rights.
B) has a lot of regulations and procedures for people and businesses to follow.
C) allows people and businesses to act freely and to do just about everything they want.
D) protects domestic producers from foreign competition.
Correct Answer:
Verified
Q142: Which is NOT an example of an
Q143: Property rights that are not well-defined encourage:
A)
Q144: Institutions:
A) are the advantages of large-scale production
Q145: When an economic system changes from using
Q146: Which is NOT an important institution for
Q148: Property rights are important institutions for encouraging
Q149: Which country has the lowest rate of
Q150: Which of the following is NOT a
Q151: History has shown that when collective property
Q152: Under communal property,effort is:
A) divorced from payment,so
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents