Adequate growth of the economy refers to the goals of:
A) maintaining current standards of living in spite of increasing population
B) increasing GNP per capita
C) approximately 4% growth rate per year
D) none of the above
E) all of the above
Correct Answer:
Verified
Q43: A problem with laissez-faire economic policy is
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
Q49: The participants in a market economy cannot
Q50: Exceptions to the circular flow are:
A) incidentals
B)
Q51: Adam Smith's "invisible hand" is"
A) government
B) divine
Q52: The behavior of an individual firm is
Q53: .In microeconomics, the household is defined as
A)
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