Economists differ in their views of the role of the government in promoting economic growth. According to the text, at the very least, what should the government do?
A) lend support to the invisible hand by maintaining property rights and political stability
B) limit foreign investment to industries that don't already exist
C) impose trade restrictions to protect the interests of domestic producers and consumers
D) subsidize key industries

Question

Quizplus · Accepted Answer

Most economists agree that the government should at least maintain property rights and political stability, which are necessary for businesses to operate and for markets to function efficiently. This can be seen as lending support to the "invisible hand" of the market. Limiting foreign investment, imposing trade restrictions, and subsidizing key industries are more controversial policies that are not universally supported by economists.

Economists Differ in Their Views of the Role of the Government