If Property Rights Are Not Enforced in a Country

question 80

Multiple Choice

If property rights are not enforced in a country

• A)the market system will still work smoothly.
• B)entrepreneurs are unlikely to risk their own funds investing in such an economy.
• C)that country's growth rate will not be affected.
• D)that country will grow more rapidly because of the reduction of law suits.

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Definitions:

Business Transaction

An economic event or activity that involves the exchange of goods, services, or funds between two or more parties.

Credit Card Bill

The statement that lists all transactions, payments, and charges applied to a credit card account during a billing cycle.

Bob's Lawn Service

This term appears to be a hypothetical or specific name of a lawn care and maintenance service company and does not represent a universal key term.

Hedge Trimmers

A gardening tool used for pruning hedges and shrubs to maintain or create desired shapes and sizes.