A _______ is an enforceable claim on a good or service.
A) deed
B) government decree
C) price
D) property right
Correct Answer:
Verified
Q3: The most common form of economic decentralization
Q4: In a capitalist economy,
A) the state controls
Q5: Positive economic analysis
A) involves value judgments.
B) concerns
Q6: In a _ economy,the allocation of resources
Q7: Microeconomists usually assume that people are motivated
Q9: Trade can occur only if property rights
Q10: Microeconomics
A) studies individual decision making.
B) studies aggregate
Q11: Which of the following topics is related
Q12: In a free market system
A) there is
Q13: The rate at which someone can swap
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