_____ is contrary to a laissez-faire economic system.
A) Active government intervention in all economic decisions
B) Reliance on prices to adjust to changing market conditions
C) The theory put forward by classical economics
D) The theory introduced by neoclassical economics
E) The market acting as an invisible hand
Correct Answer:
Verified
Q75: Which of the following best describes the
Q76: According to classical economists,government intervention is:
A)necessary to
Q77: The passage of the Employment Act of
Q78: During a recession,unemployment insurance ensures that:
A)the disposable
Q79: Because the income tax structure is progressive,the
Q81: Which of the following is not a
Q82: The Golden Age of fiscal policy was
Q83: During an election year,the federal government would
Q84: Fiscal policy is likely to fail to
Q85: During the 1970s,demand-management policy:
A)continued to be highly
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents