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:

Rule Of Nines

A method used in medical fields to estimate the total body surface area affected by burns, dividing the body into sections each representing approximately 9%.

Burn Injury

Damage to the skin or deeper tissues caused by heat, chemicals, electricity, sunlight, or radiation.

Melanoma

A type of skin cancer that originates in the melanocytes, the cells which produce the pigment melanin that colors the skin, hair, and eyes.

Basal Cell Carcinoma

A type of skin cancer that begins in the basal cells—cells within the skin that produce new skin cells as old ones die off.