Which of the following will tend to retard the growth and prosperity of a country?
A)imposition of price controls and regulations that restrain domestic and international trade
B)an expansionary monetary policy that leads to high rates of inflation
C)high marginal tax rates
D)all of the above

Question

Quizplus · Accepted Answer

All the options listed can hinder economic growth: price controls and trade regulations can stifle market efficiency, high inflation can erode purchasing power and savings, and high marginal tax rates can discourage investment and work effort.

Which of the Following Will Tend to Retard the Growth