When government inefficiencies exist and government officials can be bribed, then
A) dead capital will not exist.
B) the country will have positive economic growth.
C) a bribe will increase the cost of investing in capital.
D) property rights will be more secure since an official has been bribed to grant ownership to the business.
Question 2
Regulation imposed by such organizations as the Food and Drug Administration or the Environmental Protection Agency seeking to protect the welfare of people in our nation is referred to as
A) moral regulation.
B) natural regulation.
C) rate-of-return regulation.
D) social regulation.
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