A legal system that provides secure private property rights and unbiased enforcement of contracts

Rational choice requires that opportunity cost be

The term market always refers to

The government enforces property rights by

Other things constant, as the price of a resource increases,

A point inside the production possibilities curve represents a combination of goods that is

An income tax is defined as regressive if

Ex-London School of Economics student Mick Jagger sang, “You can’t always get what you want, but if you try sometime, you just might find you can get what you need.” These lyrics indicate that:

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