Which of the following will increase economic freedom?
a. freedom to enter and compete in markets
b. high tariff rates
c. high taxes
d. rapid and unpredictable inflation
A
Economics
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What is the distinction between nominal GDP and real GDP?
What will be an ideal response?
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Which of the following is the best description of the effect of firms’ perceptions of the future on planned investment?
a. It is chaotic and hard to analyze. b. It has an inverse relationship. c. It has no relationship. d. It compounds over time.
Economics