The hands-off camp generally believes that
A) the world is ending in 2018.
B) markets do not self-adjust.
C) markets quickly self-adjust.
D) demand creates its own supply.
E) markets do not exist.

Question

Quizplus · Accepted Answer

The hands-off camp, also known as the laissez-faire approach, believes that markets do self-adjust without interference from government or any other external variable. This is based on the idea that markets are efficient and will naturally find their equilibrium point.

The Hands-Off Camp Generally Believes That