Can someone answer 9 of these questions? Circle the letter that corresponds to t
ID: 1187451 • Letter: C
Question
Can someone answer 9 of these questions?
Circle the letter that corresponds to the best answer. We have a mixed economy because _______(LOl) we produce guns and butter we consume domestically produced goods as well as imports we consume both goods and services there is a private sector and a public sector Which does not fit with the others? (LO2) competition government planning and regulation the invisible hand the price mechanism Adam Smith believed the best way to promote the public interest was to___________(LO2) have the government produce most goods and services let people pursue their own selfish interests wait for individuals to set out to promote the public interest get rid of the price mechanism Our economy docs a very good job with respect to Adam Smith believed people are guided by all of the following except______(LO2) the profit motive c) the public good self-interest the invisible hand The price system is based on_______(LO2) government regulation (i.e., the government sets most prices) the individual whim of the businessperson who sets it the feelings of the individual buyer supply and demand Which one of the following would be the best public policy? (L04) Zero tolerance for pollution. Allow private business firms to curb their own pollution. Provide business firms with incentives to curb their pollution. Hold economic growth to a minimum until pollution levels are reduced substantially. In the United States, nearly all resources are owned by_________(LO1) the government individuals business firms foreigners The pilgrims who settled Plymouth, Massachusetts,Explanation / Answer
a) the government