Heilbroner believes that in relation to capitalism, socialism was:
A) A serious economic threat
B) A respected rival
C) A necessary counterbalance
D) Never an economic threat
E) Completely irrelevant
Correct Answer:
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Q15: Smith was the economist who advocated what
Q16: Philosophy is the trade of what, according
Q17: Smith points out that a common item,
Q18: Smith thought that the division of labor,
Q19: Marx argues that a thing's usefulness, or
Q21: A commodity, for Marx, is what?
A) Just
Q22: Heilbroner compares capitalism to an imperial or
Q23: Mill distinguishes between two types of government
Q24: Mill does NOT believe that the consumer
Q25: The problem Keynes calls "the economic problem"
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