Economic Policy: Influential Theories

Name: Revolt
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Question 1

was an economist who led a new school of classical economics.

Revolt · Accepted Answer

B: Smith

Question 2

According to the information presented about Country Y, the classical economic concept of can be seen.

Revolt · Accepted Answer

A: the invisible hand

Question 3

The concept of laissez faire refers to government intervention in the economy.

Revolt · Accepted Answer

A: little

Question 4

The economic events of Country Y demonstrate the idea of laissez faire because the government intervene in economic events.

Revolt · Accepted Answer

B: did not

Economic Policy: Influential Theories Answers