« previous next »

Author Question: According to Adam Smith, what is the primary source of a nation's wealth? a. The amount of gold and ... (Read 121 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
According to Adam Smith, what is the primary source of a nation's wealth?
 a. The amount of gold and silver in the government's possession.
  b. A spirit of cooperation in which people share according to their means.
  c. Strong central planning authorities.
  d. The people's ability to produce products and trade in free markets.

Question 2

If the value of the marginal propensity to consume (MPC) is 0.90, the value of the spending multiplier is:
 a. 10.
  b. 1.1.
  c. 90.
  d. 100.


Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Injecting an IV push (bolus) medication; B, into a primary infusion line Injecting an IV push (bolus) medication; B, into a primary infusion line
Organisms can be classified according to their source of energy Organisms can be classified according to their source of energy
Regions of the Primary Motor Cortex and Associated Axons of the Corpus Callosum Regions of the Primary Motor Cortex and Associated Axons of the Corpus Callosum
Re-creation of Pheidias’s Huge Gold and Ivory Figure of Athena Re-creation of Pheidias’s Huge Gold and Ivory Figure of Athena
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
#38.Genetically identical organisms derived from a single genetic source are #39 #38.Genetically identical organisms derived from a single genetic source are #39
Video: Acid-base imbalances - compensation of metabolic acidosis and alkalosis

For a complete list of videos, visit our video library