Which of the following are examples of property rights?
Select the correct answer below:
The owner of a house is the only party that is able to enter into a contract selling that house.
If you have money in your pocket, you have the right to use that money any way you want.
You trained as an engineer, and you are free to work for any person or group who wants to hire you to work as an engineer.
All of above are examples of property rights.
The use of which of
the following during the Industrial Revolution were crucial to the
modern economic growth that defines society today.
Select all that apply:
the steam engine
the gas-powered car
the power loom
the computer
While low-income countries are able to adapt and use new technology, the society may not have the economic, educational, and public policy institutions to support growth. Therefore, ______________________ .
Select the correct answer below:
growth rates in low-income countries are usually negative
convergence between the growth of all countries is inevitable
convergence between high-income and low-income countries may not happen
None of the above.
1
the examples of property rights are
correct ans is d all of the above example of property rights
2
The use of which of the following during the Industrial Revolution were crucial to the modern economic growth that defines society today.
correct ans is a steam engine
3
While low-income countries are able to adapt and use new
technology, the society may not have the economic, educational, and
public policy institutions to support growth.
Therefore,
correct ans is c convergence between high income an dlow income
countries may not happen
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