In Order to Achieve a High Economic Freedom Rating, a Country

question 59

Multiple Choice

In order to achieve a high economic freedom rating, a country must

• A) elect political officials democratically.
• B) protect property rights, enforce contracts even-handedly, and rely extensively on markets to allocate goods and services.
• C) provide citizens with housing, health care, and other basic goods free of charge.
• D) use the taxing power of the state to redistribute income from the rich to the poor and thereby promote income equality.

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Definitions:

Clustering

Involves grouping a set of objects based on similarities, often used in data analysis to identify patterns.

Suture Removal

The process of taking out stitches from a wound after it has sufficiently healed.

Lab

Short for laboratory, a controlled setting for scientific research, experiments, testing, or analysis.

Downtime

A period during which a system, device, or service is not operational, often for maintenance or technical failure.