Which Statement Is True

question 9

Multiple Choice

Which statement is true?

• A)Joseph Schumpeter said,"risk bearing is no part of the entrepreneurial function."
• B)Benjamin Franklin said,"It is better to borrow than to lend."
• C)Aristotle said,"the fair rate of interest is exactly what the market will bear."
• D)David Ricardo said,"the landlord's return,rent,should be taxed away by the government."

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Definitions:

Self-interested Politics

Actions within an organization where individuals or groups prioritize their own interests over the collective good.

Ambiguous Outcomes

Results or effects of actions that are not clearly defined or can be interpreted in multiple ways.

Power Networks

Structures within an organization or society where power is distributed and exchanged among individuals or groups.

Central Authority

A governing body or organization that holds the primary power within a political, social, or administrative structure.