--%>
Assignment Help - homework help

Property rights enforced by government

In countries where private ownership is a dominant system: (1) Resources are socially owned, with govt. acting as a trustee. (2) Laws concerning the property rights are enforced by government. (3) Monopolization of each productive resource is inevitable. (4) Govt. officials own almost all resources. (5) Individual brute force is determinant of the property rights.

Choose the accurate answer from the above options.

   Related Questions in Public Economics

  • Q : When a free good enjoyed by people is

    A free good is something which people enjoy but that is not scarce since: (w) people can costlessly have all they want. (x) people can purchase this along  with credit without containing to immediately pay for htis. (y) luxuries

    		•
  • Q : Determine the essence of positive

    The essence of positive economic statements is which they: (1) should be correct, or they turn into normative statements. (2) yield predictions which can be tested for validity. (3) clearly resolve ethical or moral matters. (4) focus upon cheerful in

    		•
  • Q : Determine when a good is scarce A good

    A good is scarce when: (1) individuals are willing to pay a positive price for more of this. (2) this is socially but not individually beneficial. (3) individuals are willing to pay to have this not produced. (4) more is obtainable at

    		•
  • Q : Confirmation of significant test to

    The first and most significant test a positive economic theory should pass to be acceptable entails an evaluation of how well this conforms to: (1) how things really work. (2) common sense. (3) normative economics. (4) positive economics. (5) Occam's

    		•
  • Q : How would be an example of a free good

    An example of a free good would be: (1) a cool breeze upon a hot humid day. (2) DVDs specified as door prizes to the first 100 shoppers at the grand opening of a Best Buy. (3) the care and attention mothers provide babies. (4) trinkets at the Dollar Store that cost me

    		•
  • Q : Criterion for distributing The

    The requirements criterion for distributing income entails: (1) Government costless offering all goods required for survival. (2) High administrative costs as determining someone else’s wants are difficult. (3) Dividing the national income unifo

    		•
  • Q : Explain economics as the study of

    Economics is generally explained as the study of how societies and individuals: (1) make options about work and the division of labor, (2) try to maximize their financial wealth and incomes, (3) answer the fundamental economic questions of "Why, Where, and When", (4)

    		•
  • Q : Illustration of Self Interest Elmer

    Elmer leaves his old mule Betsy and buys a new tractor to plow his fields. It is assumed to be consistent along with Elmer's perception of his best interest since: (w) tractors can plow more than a mule. (x) Elmer is assumed to be a rational farmer. (

    		•
  • Q : Charecteristics of market efficiency

    Explain the characteristics of market efficiency?

    		•
  • Q : Assignments I want it tomorrow night or

    I want it tomorrow night or before, please.

    		•