Schumpeter predicted that capitalism would wither away because of disenchantment among the elites.
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Q38: Hedging consists of reducing the risk involved
Q39: A speculator who buys low and sells
Q40: What is meant by the term inappropriability?
A)The
Q41: Information is expensive to produce but even
Q42: Inappropriability refers to the competition between such
Q44: A person faces a lottery which involves
Q45: Information is the same as any other
Q46: Game theory is based upon the assumption
Q47: Private insurance markets should always exist even
Q48: Although government ownership of monopolies is not
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