If property rights are not well enforced,all of the following are likely to occur except
A)fewer goods and services will be produced.
B)economic efficiency will be reduced.
C)an economy will produce inside its production possibilities frontier.
D)a significant number of people will be willing to risk their funds by investing them in local businesses.

Question

Quizplus · Accepted Answer

When property rights are not well enforced, it discourages investment because individuals are less likely to risk their funds if they cannot ensure their investments and returns are protected. This leads to fewer goods and services being produced, reduced economic efficiency, and an economy producing inside its production possibilities frontier.

If Property Rights Are Not Well Enforced,all of the Following