--%>

Property Rights

I have a problem in economics on Property Rights. Please help me in getting the right answer from the following question. John Locke believed that the value and property rights derive from: (i) Social conventions prevailing inheritance. (ii) The helpfulness of services and goods. (iii) Investing and saving. (iv) Human labor.

Choose the right answer from the above options.

   Related Questions in Public Economics

  • Q : Existence of shortages or surpluses

    Shortages or surpluses exist while: (w) transaction costs are zero. (x) quantity supplied be different from quantity demanded. (y) monopolists enjoy exorbitant profits. (z) supply prices equivalent demand prices. H

  • Q : Punishment must fir to crime by Jeremy

    In words of Jeremy Bentham, punishment for a particular committing a wrong against society must be: (i) decided by a jury of the person’s peers. (ii) depends on the individual’s intentions. (iii) depends on the criminal’s position in

  • Q : Hedonistic calculus–regulation of human

    Social welfare is exploited while a “hedonistic calculus” regulates all human action as per the interventionist “liberal”: (i) John Stuart Mill. (ii) Thorstein Veblen. (iii) Milton Friedman. (iv) Karl Marx. (v)

  • Q : Determine gross investment for

    Hey friends please give your view for the problem of investment in Economic that is given below: If a firm buys $50 million worth of new machinery to replace worn out equipment that originally cost $3 million,

  • Q : Entails of a technical approach to

    A technical approach to economics entail: (1) positive questions since this cannot resolve normative matters. (2) normative questions since this cannot resolve positive matters. (3) positive and normative questions since this can resolve all matters.

  • Q : Theory of Smiths - Economic Development

    Theory of economic development by Adam Smith relies upon a ________ to kick-start the process, and subsequently _________ to continue this.  (w) higher wages./ the wages fund. (x) division of labor/ higher wages. (cy) explosive p

  • Q : Ratios of proportional changes in

    he ratios of proportional changes within related variables are expressed numerically termed as: (1) interdependency coordinates. (2) best linear unbiased estimators (BLUE). (3) elasticity coefficients. (4) relative betas. (5) beta feedback estimates.

    Q : When is a thing termed as a good as

    A thing is termed as a "good" (as opposite to a "bad") when: (w) its use improves human happiness. (x) its production needs capital and labor. (y) its value to society is restricted. (z) this is a service to people, as housecleaning.<

  • Q : Explain about the capital goods Capital

    Capital goods are: (w) machines, equipment, buildings, and other enhancements to natural resources. (x) goods which indirectly contribute to human satisfaction. (y) resources which have been changed for use in the production of other goods. (z) All of

  • Q : Primarily dealing of positive economic

    Please help me to solve the problem of Positive Economics which is specified above. Positive economic statements deal primarily along with: (w) the way things should be. (x) Technically testable ec