According to adam smith's invisible hand.
a. people coordinate their activities, result...
Business, 25.01.2020 05:31, desderievelasquez
According to adam smith's invisible hand.
a. people coordinate their activities, resulting in equilibrium in the market.
b. forces are constantly pushing markets out of equilibrium
c. there is an invisible glove that restricts what markets can do.
d. markets need the government to intervene. t
Answers: 1
Business, 21.06.2019 16:40, lbabineaux9887
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Business, 22.06.2019 18:00, KayBJ2005
Acountry made education free in mandatory up to age 15. it is established 100 new schools to educate kids across the country. as a result, citizens acquired the _ required to work. the school's generated _ for teachers and other staff. in 20 years, to countryside rapid _ and its gdp.
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Business, 22.06.2019 20:40, ccory0626
Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.
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