Both conservatives and liberals tend to approve of markets because
A) markets are effective in solving many of society's problems.
B) markets work well in all cases, and can be relied upon to solve problems.
C) their goals are similar enough that they can rely on the same means.
D) production is the most important goal, and market systems are very productive.
E) of all of the above.
Correct Answer:
Verified
Q220: Specialization in production
A)raises productivity.
B)requires money.
C)stimulates exchange.
D)All of
Q222: Carefully define the following terms and explain
Q223: What mechanism assures that producers use inputs
Q226: According to Baumol and Blinder, recognition of
Q228: Free markets can:
A)prouduce goods and services with
Q229: See table below.Does production exhibit increasing costs?
Q255: Do markets solve all of society's problems?
A)Yes,
Q260: In a market system, _ distributes goods
Q265: Suppose a presidential candidate campaigns on the
Q278: At various times, the United States has
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