?Well-defined and protected _______ rights are important for fostering entrepreneurship. In the absence of? well-defined _______ rights, individuals have less incentive to take? risks, and economic growth rates suffer.
Fill in the blank(s) with the appropriate word(s).
property/property
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If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $1000 billion, and excess reserves total $1 billion, then the money supply is ________ billion
A) $10,000 B) $4000 C) $1400 D) $10,400
If regulators required firms in monopolistically competitive markets to set price equal to marginal cost,
a. firms would most likely experience economic losses. b. firms would also operate at their efficient scale. c. new firms would likely to enter the market. d. the most efficient firms would not likely to be affected.
List and describe four factors that can contribute to economic growth
The silly clothes worn by a circus clown are an example of:
A. a natural resource. B. capital goods. C. labor. D. entrepreneurship.