Adam Smith would approve of governmental support of:
A) full employment
B) protection of environment
C) care for sick and needy
D) none of the above
E) all of the above
Correct Answer:
Verified
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,
Q43: A problem with laissez-faire economic policy is
Q44: Which is NOT a socioeconomic goal?
A) Full
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
Q49: The participants in a market economy cannot
Q50: Exceptions to the circular flow are:
A) incidentals
B)
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