When an Investment Project Generates Output That Is Valued More

question 36

Multiple Choice

When an investment project generates output that is valued more highly than the value of the resources required for its production,

• A) undertaking the project will create wealth.
• B) it will generally be profitable to undertake the project if property rights are securely defined and enforced .
• C) entrepreneurs seeking profit will have little incentive to undertake such projects.
• D) both a and b are correct.

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Definitions:

September 11 Attacks

The terrorist attacks carried out by al-Qaeda on the United States on September 11, 2001, involving the destruction of the World Trade Center in NYC and damage to the Pentagon.

Social Purpose

The intention to benefit society as a whole, typically guiding an organization or an individual's actions towards achieving socially beneficial goals beyond mere profit or personal gains.

Triangulation

A method used in various fields such as surveying, navigation, and sociology, to determine a position or area by measuring angles to it from known points at either end of a fixed baseline.

Gay Rights

The movement and efforts aimed at achieving equality and non-discrimination for individuals based on their sexual orientation.