Karl Marx wrote:
A) Das Kapital,which was used as the rationale for centrally-planned economies.
B) Das Kapital,which described the virtues of market-based economies.
C) The Wealth of Nations,which provided the rationale for centrally-planned economies.
D) The Wealth of Nations,which described the virtues of market-based economies.
Correct Answer:
Verified
Q66: An externality is:
A) A cost or benefit
Q67: Central planning is the principal method for
Q68: Pollution is an example of:
A) Inefficiency by
Q69: Which of the following is an example
Q70: Government intervention designed to address market failure:
A)
Q72: If the market mechanism causes the economy
Q73: If government intervention fails to improve economic
Q74: The market mechanism:
A) Is an inefficient means
Q75: Which of the following is NOT a
Q76: Which of the following statements is consistent
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