Whenever a Species Is Threatened with Extinction, It Is Likely

question 19

Multiple Choice

Whenever a species is threatened with extinction, it is likely that:

• A) clearly defined property rights exist.
• B) no one has exclusive property rights to it.
• C) greedy folks are winning again.
• D) it is the result of too much government regulation.

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Definitions:

Public Saving

The portion of a government's budget surplus, which is the difference between tax revenues and government spending.

Private Saving

Private saving is the portion of households' and businesses' income that is not spent on consumption or taxes, typically saved for future investment or consumption.

Closed Economy

An economy that does not interact with other economies in the world

Government Deficit

Occurs when a government spends more money than it receives in revenue over a specific period, leading to borrowing or currency issuance.