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Author Question: Government can a. Create wealth by not interfering in the markets in any way what so ever b. Not ... (Read 73 times)

viki

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Government can
 a. Create wealth by not interfering in the markets in any way what so ever
  b. Not affect wealth in the markets
 c. Create wealth by enforcing property rights and contracts
 d. Create wealth by making choice decisions for the market

Question 2

A retailer X that is operating at a loss gets bought out by a larger chain of department stores, which shuts down the brand, using its assets for their own brand,
 a. Wealth is destroyed since the company shut down
 b. Wealth is created since the resources were of lesser value under the X brand and are now worth more
  c. Wealth is neither created nor destroyed since the total amount of resources stay the same
 d. None of the above



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parker125

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Answer to Question 1

c

Answer to Question 2

b




viki

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


atrochim

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Reply 3 on: Yesterday
Excellent

 

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