Total "laissez-faire" is impossible because:
A) the market does not provide for satisfying public needs
B) the market is not equitable, favoring those with more resources
C) the market makes no provision for protecting smaller participants
D) all of the above
E) none of the above
Correct Answer:
Verified
Q67: The price system:
A) is equitable
B) rations products
Q68: Participants in the market system:
A) are totally
Q69: Demand and supply curves:
A) simplify the analysis
Q70: When the supply and demand curves intersect,
Q71: "Laissez-faire" is a policy that appeals to:
A)
Q73: The public sector:
A) is bloated with a
Q74: The Great Depression:
A) resulted from the greed
Q75: Congestion, pollution, urban decay and similar side
Q76: In economic terms, incomes are distributed according
Q77: Income distribution according to productive contribution is:
A)
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