Author Question: If property rights are not enforced in a country A) that country will grow more rapidly because ... (Read 70 times)

vHAUNG6011 · **on:** Jun 29, 2018

If property rights are not enforced in a country

A) that country will grow more rapidly because of the reduction of law suits.
B) that country's growth rate will not be affected.
C) entrepreneurs are unlikely to risk their own funds investing in such an economy.
D) the market system will still work smoothly.

Question 2

If you want to earn a real interest rate of 3 on money you lend, and you expect that inflation will be 2, what nominal rate of interest will you charge?

A) 1 B) 5 C) 6 D) 9