This topic contains a solution. Click here to go to the answer

Author Question: Adam Smith (1776) claimed that less governmental regulation, not more, would provide incentives for ... (Read 105 times)

809779

  • Hero Member
  • *****
  • Posts: 579
Adam Smith (1776) claimed that less governmental regulation, not more, would provide incentives for individuals to allocate resources efficiently, specialize and trade.
 
  Specialization and trade would generate wealth and result in economic growth and development. Indicate whether the statement is true or false

Question 2

An increase in immigration would
 
  a. have no effect on the labor supply curve and real wages.
  b. shift the labor supply curve to the left and increase real wages.
  c. shift both the labor demand curve and the labor supply curve to the left.
  d. shift the labor supply curve to the right and decrease real wages.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

True

Answer to Question 2

D




809779

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Excellent


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

For a complete list of videos, visit our video library