Which of the Following Is an Important Ingredient of Efficient

question 113

Multiple Choice

Which of the following is an important ingredient of efficient economic organization?

• A) High marginal tax rates.
• B) Competitive markets.
• C) Rapid increases in the money supply.
• D) Imposition of high tariffs that will protect domestic producers from the ravages of foreign competition.

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Definitions:

Substance Abuse

The dangerous use of substances that affect the mind, including both alcohol and illegal drugs.

Uncontrolled Anger

Intense feelings of anger that are difficult to manage or control, often leading to aggressive behavior or confrontation.

Hallucinations

Perceptual experiences that are not real.

Violent Behavior

Actions that involve physical force intended to hurt, damage, or kill someone or something.