If Property Rights Are Not Well Enforced,all of the Following

question 159

Multiple Choice

If property rights are not well enforced,all of the following are likely to occur except

• A)fewer goods and services will be produced.
• B)economic efficiency will be reduced.
• C)an economy will produce inside its production possibilities frontier.
• D)a significant number of people will be willing to risk their funds by investing them in local businesses.

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Definitions:

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual published by the American Psychiatric Association detailing criteria for diagnosing mental disorders.

Axis I

A classification used in the DSM-IV (Diagnostic and Statistical Manual of Mental Disorders, 4th Edition) referring to clinical disorders, including mood, anxiety, and dissociative disorders.

Clinical Disorders

Health conditions characterized by alterations in thinking, mood, or behavior associated with distress and/or impaired functioning.

Personal Distress

A psychological phenomenon where individuals experience emotional turmoil and discomfort from perceiving another's plight.