Which of the following is an example of a possessory property right?
a. The right to use a public park for morning walk.
b. The right to park your car in your garage.
c. The right to enjoy the fragrance of the flowers planted in your neighborhood.
d. The right to travel in public transport.
B
You might also like to view...
Ron spends $150 on movie tickets and pizza. The price of a pizza is $10 and a movie ticket is $7.50
With the quantity of movies measured along the vertical axis, the slope of Ron's budget line (with movies on the vertical axis) is ________ per pizza A) 1.33 movies B) -1.33 movies C) 0.75 of a movie D) -0.75 of a movie
A bear market is one in which prices are expected to rise.
Answer the following statement true (T) or false (F)
In the 1980s, the federal government undertook a major build-up of the military sector, leading to reports that prices charged by military contractors were spiraling upward. According to production possibilities analysis, this result is not surprising due to:
A) the law of increasing opportunity cost. B) economic efficiency. C) technical efficiency. D) resource underutilization.
What function is money serving when you deposit money in a savings account?
A. A store of value B. A unit of account C. A checkable deposit D. A medium of exchange