According to an article in the Economist magazine: "In all rich countries, property rights are secure..Legally recognising land ownership has boosted farmers' income and productivity in Latin America and Asia.. More than two-thirds of Africa's land is still under customary tenure, with rights to land rooted in communities and typically neither written down nor legally recognized." Source: "Title to Come: Property Rights Are Still Wretchedly Insecure in Africa," Economist, July 16, 2016. a. Which of the following statements regarding secure property rights is true? A. Property rights-which include only physical property (not intellectual rights to new products or the processes used to produce goods and services)-refer to the rights of firms and individuals to have exclusive use of their property. B. Property rights provide incentives for people to maintain and increase the value of the property they own. OC. It is solely the responsibility of the individuals who own the property to ensure that their rights are protected. O D. All of the above. b. Which of the following statements is true? O A. It is easy for a country to become rich even without having secure property rights. O B. Only rich countries have recognized governments that would even be capable of securing property rights. O C. By protecting private property rights, governments make it more likely that investments will be made in businesses that provide jobs and income for workers. O D. Protecting property rights has no impact on a country's standard of living