Ask Question
24 August, 05:52

When institutions and policies provide secure property rights, a fair and balanced judicial system, monetary stability, and effective limits on the power of government, which of the following is most likely to be encouraged?

(A) Rent-seeking.

(B) Actions that reduce the value of resources.

(C) Productive activities.

(D) Destructive activities.

+4
Answers (1)
  1. 24 August, 06:17
    0
    (C) Productive activities.

    Explanation:

    All the actions detailed are traits of a public power that respect the free market as a system that allocates resources as efficiently as possible. In this case, the public system works for the mechanism of prices functions based on private decisions and firms can rely upon that none public disturbance arises in the future. The other 3 options used to occur when public institutions intervene in the free market.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “When institutions and policies provide secure property rights, a fair and balanced judicial system, monetary stability, and effective ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers