« previous next »

Author Question: Adam Smith was an advocate of: a. mercantilism. b. a nation maximizing its stock of gold. c. ... (Read 108 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jun 30, 2018
Adam Smith was an advocate of:
 a. mercantilism. b. a nation maximizing its stock of gold.
  c. unrestricted or free trade. d. the visible hand of public interest.

Question 2

If the marginal propensity to consume (MPC) is 0.50, the value of the spending multiplier is:
 a. 5.
  b. 1.
  c. 2.
  d. 5.


iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Rutherford's gold foil experiment demonstrating that most of the volume of an atom is empty spa Rutherford's gold foil experiment demonstrating that most of the volume of an atom is empty spa
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
Phillip K. Smith III, Lucid Stead. Phillip K. Smith III, Lucid Stead.
Kiki Smith, Bird Skeleton. Kiki Smith, Bird Skeleton.
Charlie Chaplin in The Gold Rush. Charlie Chaplin in The Gold Rush.
Lipid composition in the outer leaflet (green) and inner leaflet (gold) of the plasma membrane Lipid composition in the outer leaflet (green) and inner leaflet (gold) of the plasma membrane
Video: Reflex arc construction

For a complete list of videos, visit our video library