Author Question: Pure capitalism and a pure command system represent a. two different ways of answering the basic ... (Read 118 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
Pure capitalism and a pure command system represent
 a. two different ways of answering the basic economic questions
  b. two names describing the same method of answering the basic economic questions
  c. the only two ways of answering the basic economic questions
  d. the most efficient ways to answer the basic economic questions
  e. none of the above

Question 2

Adam Smith believed that people's pursuit of their own self-interests
 a. tended to promote the general welfare
  b. required the government's invisible hand to keep the economy running smoothly
  c. might cause aggregate demand to be greater than aggregate supply
  d. would increase the wealth of a nation, which was the quantity of gold and silver it owned
  e. would decrease the wealth of a nation, which was its ability to produce goods and services



lolol

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

For a complete list of videos, visit our video library