Which is NOT an example of an institution that creates incentives aligning self-interest with the interest of society?
A) well-defined property rights
B) political stability
C) low inflation
D) competitive markets
Correct Answer:
Verified
Q137: The ultimate cause for the different economic
Q138: In North Korea,workers are rewarded for:
A) providing
Q139: The most important factor that contributed to
Q140: Someone who consumes a resource without contributing
Q141: The key reason for China's growth miracle
Q143: Property rights that are not well-defined encourage:
A)
Q144: Institutions:
A) are the advantages of large-scale production
Q145: When an economic system changes from using
Q146: Which is NOT an important institution for
Q147: A legal system that helps raise a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents