An economic system in which governments intrude as little as possible in the economic transactions between citizens and businesses in both decisions about taxation and spending is known as a
A) laissez-faire economy.
B) command-and-control economy.
C) mixed economy.
D) socialist economy.
Correct Answer:
Verified
Q34: Monetarists believe that a government should
A)increase government
Q35: An economic policy in which a government
Q36: Monetarists tend to focus their attention on
Q37: A measure of the total value of
Q38: The fluctuation of economic activity around a
Q40: A type of economic policy in which
Q41: Critics of supply-side theory often use the
Q42: President Obama's proposed 2015 fiscal budget, submitted
Q43: Spending for programs and policies at the
Q44: When the federal government takes in less
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