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A system of private property rights
A. enhances economic growth by creating incentives to the Fed to maintain stable prices.
B. enhances economic growth by increasing the probability that a person can gain from making investments today.
C. retards economic growth by serving the interests of the wealthy only.
D. retards economic growth by limiting the options of people who own nothing.
how useful is national income statistics for indicating living standards
As people went from barter societies to more advanced economies, money had to be invented. Several things successively served as money in the course of economic evolution. Arrowhea
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Aggregate Consumption This is the aggregate of all expenditures on current consumption goods and services i.e. those which are consumed during the period. Living standards are
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