Who wrote The Wealth of Nations?
Bretton Woods
Adam Smith
Benjamin Franklin
Alexander Hamilton
In the United States both privately-owned companies as well as the government have important roles in the economy. This exemplifies a Mixed Democratic Traditional Capitalist( Mixed, Democratic, Traditional, Capitalist ) economy.
Congress has the responsibility for implementing monetary policy.
The universal economic goals of a society are ____________________.
decreased scarcity, improved economy, reduced wants, increased distribution
new goods, improved services, government involvement, market control
opportunity costs, production possibilities, traditional economy, demand
allocative efficiency, productive efficiency, full employment, equity