An economic force given relatively free rein by society to work through the market is a:
A. market force.
B. price mechanism.
C. social force.
D. political force.
Answer: A
Economics
You might also like to view...
Which of the following groups would have the highest unemployment rates?
a. married men b. white workers c. college graduates d. teenagers
Economics
When the marginal tax rate exceeds the average tax rate, the tax is
a. proportional. b. regressive. c. non-egalitarian. d. progressive.
Economics
Adam Smith:
A. is considered the founder of economics. B. introduced the concept of ceteris paribus to the discussion of supply and demand. C. is responsible for refining the model of supply and demand. D. is the author of this text.
Economics
How costly are biases in the Consumer Price Index (CPI)?
What will be an ideal response?
Economics