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Explain the different elements of property rights

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Reference no: EM132124809

1. Explain the different elements of property rights. Provide an example of how the US economy infringes on each.

2. Explain why inequality is considered to be a social "bad" by many people. In what way could inequality be a social "good"?

3. Explain the difference between a moral and a material incentive

Please write thoroughly and long enough that I can understand.

Reference no: EM132124809

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