Well-defined property rights:
A) are clearly written in English.
B) restrict the use of land and natural resources to productive uses.
C) allow the government to confiscate property.
D) clearly state who owns resources and how the resources can be used.
Correct Answer:
Verified
Q102: Entrepreneurs contribute to increased average labor productivity
Q103: The establishment of well-defined property rights increases:
A)average
Q104: Governments contribute to increased average labor productivity
Q105: Managers contribute to increased average labor productivity
Q106: Developing new products and services as well
Q108: _ start new economic enterprises, while _
Q109: Each of the following increases average labor
Q110: The introduction of an overnight delivery service
Q111: The average annual growth rates of labor
Q112: The productivity slowdown of the 1970's occurred:
A)only
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