Strong property rights are important for modern economic growth because
A) they allow governments to extract the gains from private citizens' investments.
B) people are more likely to invest if they don't fear that others can take their returns on investment without compensation.
C) they ensure an equitable distribution of income.
D) business cycle fluctuations will be smaller and less likely to disrupt investment patterns.
Correct Answer:
Verified
Q19: For a nation's real GDP per capita
Q20: Q21: Real per capita GDP Q22: Countries that have experienced modern economic growth Q23: 1. Improvements in technology. 2. Increases in Q25: Which of the following economic regions has Q26: Which of the following institutional structures is Q27: Which of the following statements is most Q28: Free trade Q29: Under what circumstances do rates of economic
A) grows at approximately
A) discourages growth by increasing competitive
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