Environmentalists tend to prefer pollution taxes to marketable permits because the taxes impose specific limits on the quantity of pollution

Which of the following does not describe governmental policy actions that are helpful in supporting growth in an economy? Governmental policies that

A) provide secure rights to private property. B) establish an independent court system that enforces contracts. C) facilitate the development of an efficient financial system. D) avoid playing any role in developing communication systems.

Explain why the European Union's current combination of rapid capital migration with limited labor migration may actually raise the cost of adjusting to product market shocks without exchange rate change?

What will be an ideal response?