Private property rights involve
A) exclusive rights to use, transfer, and exchange the property.
B) exclusive rights to use property, but not to exchange the property.
C) rights to enjoy the property in any way desired but not to transfer or exchange the property.
D) rights granted by the government for renewable terms of 100 years or more.
A
You might also like to view...
If the asset market is to remain in equilibrium, then if the money supply increases, output is unchanged, the price level is unchanged, and the expected inflation rate is unchanged, then
A) the real interest rate must rise. B) the real interest rate must decline. C) the nominal interest rate must rise. D) the inflation rate must rise.
If resource prices are flexible, the long-run aggregate supply curve is vertical
a. True b. False Indicate whether the statement is true or false
Unemployment insurance is:
A. offered by companies as a way to affect the level of frictional unemployment. B. offered by the government as a way to affect the level of seasonal unemployment. C. money that is paid by the government to people who are unemployed. D. All of these are true.
Without a central bank, such as the Federal Reserve System, banks, if left to themselves, are likely to
a. create insufficient money when the economy is at full employment b. create too much money when the economy is in a recession c. forego money creation opportunities when the economy is at full employment d. hold less deposits than socially desirable when the economy is at full employment e. hold more excess reserves than socially desirable when the economy is in a recession