A problem with laissez-faire economic policy is that there is:
A) no flexibility
B) no provision for public goods
C) no profit motive
D) responsiveness to demand
Correct Answer:
Verified
Q38: When cars are offered at low prices
Q39: Some of the advantages of a market
Q40: Public, governmental agencies are:
A) firms
B) households
C) markets
D)
Q41: Demand and supply are:
A) market forces
B) key
Q42: When supply and demand are essentially equal,
Q44: Which is NOT a socioeconomic goal?
A) Full
Q45: Adam Smith would approve of governmental support
Q46: Liberals and conservatives would agree to some
Q47: Inflation results when:
A) demand exceeds supply
B) supply
Q48: Adequate growth of the economy refers to
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