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the cresed possibilityof ationalization of private property G increased uncertai

ID: 1107571 • Letter: T

Question

the cresed possibilityof ationalization of private property G increased uncertainty about private property rights D) increased certainty about private property rights 12A 12) Well-defined property rights give entrepreneurs the incentive to ge in risky business endeavors in order to accumulate future wealth lobby Congress in order to increase environmental regulations C) evade taxes D) use the eminent domain laws to seize property for public use 13) Economists have found that as a nation's per capita real Gross Domestic Product (GDP) increases 13) A) there is no effect on population growt B) the rate of population growth increases at the same rate as economic growth. C) the rate of population growth declines. D) the rate of population growth experiences dramatic increases 14) The three stages of economic development include 14) A) the agriculture stage, the manufacturing stage, and the socialist stage B) the computerized stage, the agriculture stage, and the manufacturing stage. C) the agriculture stage, the manufacturing stage, and the service sector stage D) the feudal stage, the agriculture stage, and the totalitarian stage. 15) The long run aggregate supply curve (LRAS) also represents 15) A) the full-adjustment level of output C) the full-information level of output B) the full-employment level of output. D) all of the above. 16) which of the following will NOT cause a leftward shift in the Long-Run Aggregate Supply curve? 16) A) a reduction in the amount of capital C) a reduction in government spending B) a reduction in the amount of oil D) a net outflow of human capital

Explanation / Answer

13. C

14. C

15. B

16. C

(Note: No explanation can be provided as questions are directly direct and definition based)