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notsponge [240]
3 years ago
5

4. Why does Smith think that the government should stay out of economic affairs?

Social Studies
1 answer:
Setler [38]3 years ago
4 0
I think Smith believed the free enterprise is the best way for the economy to grow. Smith thinks that if you allow the businessmen to run their businesses the way they see fit, the business will grow naturally. He thinks that if the government controls the economic enterprises, it would cause more harm than it was.
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Mary has a dilemma. She has a contract to buy her mother’s house when her mother is finally ready to move to a senior living com
Anettt [7]

Answer:

Novation

Explanation:

                A Novation in a contract law or in  any business law means to give the right of one party's obligation to the obligation of another party with the previous party's consent. It means replacing a party in a contract with a new party after the previous party has given her consent of replacement. The new party becomes the rightful owner of the contract and is responsible to the obligations.

               In the given context, there is an novation agreement between Mary and Tina, when Tina replaces Mary with the obligations in the contract with the prior consent from to Mary as Mary has to move to other place because of work and does not wants to buy the house.

Hence the answer is --

Novation

4 0
3 years ago
Suppose that the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by
natulia [17]

The first alternative is correct.

Political economy can often be conflicting.

The main instruments of economic policy are monetary policy and fiscal policy. Both can be used to stimulate or discourage the economy. In this way, when they are adopted with the opposite sign, they are an example of conflict, as described in this exercise.

If the government wants to stimulate the economy through increased spending (expansionary fiscal policy), it will be injecting money into the economy. However, the main cause of inflation is excess currency in circulation. Thus, a contractionary monetary policy aims to wipe out the supply of money to contain inflation. That is, the first measure is inflationary to stimulate the economy, but the second is anti-inflationary, however contractionary.

<em>"Suppose the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by </em><em>increasing spending</em><em>, but the Federal Reserve wants to decrease inflation by </em><em>decreasing the money supply</em><em>".</em>

5 0
3 years ago
Read 2 more answers
You’ve traveled through time and encounter a younger version of yourself. What life lesson would you share?
ruslelena [56]
I would say don’t date....
3 0
3 years ago
Which is a true statement about the use of violence to strike fear into people and attain political goals.
beks73 [17]
Terrorism is the use of violence to strike fear into people and attain political goals.

The true statement about terrorism is: 

This tactic has been used throughout history to draw attention to causes.
4 0
3 years ago
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Deism is the belief that God created the universe and set it in motion but then allowed it to run by natural laws.
kozerog [31]

Answer:

True

Explanation:

Deism is a form of Monotheism in which it is believed that one God exists, but that this God does not intervene in the world, or interfere with human life and the laws of the universe. It posits a non-interventionist creator who permits the universe to run itself according to natural laws.

6 0
3 years ago
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