The laws which kept wheat prices artificially high by imposing steep import

The laws which kept wheat prices artificially high by

This preview shows page 3 - 5 out of 6 pages.

Question 11The laws which kept wheat prices artificially high by imposing steep import duties tobenefit the landed interests are called Question 12The market rewards wise decisions and productive behaviors and penalizes poor and unproductivebehavior in order to: Question 13When deciding what to produce, how to produce and for whom to produce, a free market is morepreferable than a central­controlled government because: Question 14Adam Smith believed the keys to prosperity were to be found in the decisions of Question 15Classical economists attacked slavery by arguing that the key economic weakness ofslavery is ________ Question 16The invisible hand of a market system coordinates the production and distribution process 1.5 out of 1.5 points 1.5 out of 1.5 points 1.5 out of 1.5 points 1.5 out of 1.5 points 1.5 out of 1.5 points 1.5 out of 1.5 points
5/23/2017 Review Test Submission: Test 1 – 201730 Summer 2017 ECON... ; 4/6 Question 17 Adam Smith and later classical economists conceive wealth is Question 18 The early classical economists Question 19One way to reduce the influence of established groups to promote self­serving policiesthrough government is

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture