The Rights to Own Private Property and to Exchange Goods

question 117

Multiple Choice

The rights to own private property and to exchange goods with minimal government interference is

• A) capital freedom.
• B) population freedom.
• C) economic freedom.
• D) political freedom.

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Definitions:

GDP

Gross Domestic Product, a measure of the economic performance of a country, calculated as the total value of all goods and services produced within the country's borders in a specific time period.

Expansionary Monetary Policy

A policy by central banks aimed at increasing the money supply to stimulate economic growth, typically involving lower interest rates and increased lending.

Stock Market

A public marketplace for buying and selling shares of publicly listed companies.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.