The Most Important Consequence of Property Rights Is That

question 41

Multiple Choice

The most important consequence of property rights is that

• A)they facilitate exchange.
• B)allow for freedom of choice.
• C)they encourage people to cooperate by helping to ensure that only mutually agreeable economic transactions take place.
• D)they allow for a division of labour.

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Definitions:

Thoracic Vertebrae

The twelve vertebrae situated between the cervical (neck) and lumbar (lower back) regions, which make up the midsection of the vertebral column.

Sternum

The long, flat bone located in the center of the chest, connecting with the ribs.

Vertebrae

The series of small bones forming the backbone, providing support and protection for the spinal cord.

Sternum

The long flat bone located in the center of the chest, connected to the rib bones, and helps protect the heart and lungs.