Which of the following factors would economists consider "key" to economic development?
A) expansionary monetary policy
B) establishing a system of property rights
C) policies that promote consumption expenditures by households
D) All of the above are correct.

Question

Quizplus · Accepted Answer

Economists would consider establishing a system of property rights as a key factor to economic development. The protection and enforcement of property rights encourages investment and innovation, leading to economic growth. Expansionary monetary policy and policies that promote consumption expenditures by households may also have a positive impact, but they are not considered as essential as property rights. Therefore, options A and C are incorrect, and option D is incorrect as well.

Which of the Following Factors Would Economists Consider "Key" to Economic