Figure 1.3 -When Private Property Rights in a Country Are Not Secure

question 61

True/False

Figure 1.3

-When private property rights in a country are not secure, people cannot use their property as collateral for loans.​

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Definitions:

Probability Density Function

A function that describes the likelihood of a continuous random variable to take on a particular value.

Inclusive

An approach or policy that ensures all individuals have equal access, opportunities, and rights without discrimination.

Continuous Distribution

A statistical function that describes the probabilities of the possible values of a continuous random variable.

Discrete Distribution

A statistical distribution that shows the probabilities of outcomes that take on discrete values, such as whole numbers.