Which of the following is an important ingredient for the achievement of efficient economic organization?
A) Highly restrictive exchange rate controls.
B) Secure property rights and political stability.
C) High and variable rates of inflation.
D) High marginal tax rates.

Question

Quizplus · Accepted Answer

Secure property rights and political stability are essential for efficient economic organization as they provide a stable environment for businesses to operate in and encourage investment. Highly restrictive exchange rate controls, high and variable rates of inflation, and high marginal tax rates can all hinder economic growth and efficiency.

Which of the Following Is an Important Ingredient for the Achievement