With the options given in the question, the correct answer is C) the government sets policy for producer and consumers, which guides the economy.
<em>The option that best describes the idea of the “invisible hand” is “the government sets policy for producer and consumers, which guides the economy.”
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The “invisible hand” is a term coined by the economist Adrian Smith in his book “The Wealth of Nations”. It implies that in the market exist an “invisible hand” that helps the demand and supply of goods to maintain a balance.
Observing the graphic attached, another valid affirmation that stems from the information in the graphic could be: producers and consumers work together, which guides the economy.
The answer is going to be true
Answer:
True
Explanation:
He met members of the Bach family in Eisenach (which was the home city of J. S. Bach's father, Johann Ambrosius Bach), and became a close friend of Johann Ambrosius and tutor to his children. However, Pachelbel spent only one year in Eisenach. He was godfather to one of Bach's sisters, and music teacher to a brother. So Theodore, the youngest Pachelbel son, had known Bach, who was only five years his senior.
Answer:
procedural and declarative.
Explanation:
- The declarative knowledge is the knowledge that is about the facts and things and procedural is about the knowledge about how to perform the certain cognitive activity such as the reasoning and decision making.
Answer:
Explanation: A 529 Plan is an educational savings plan with tax advantage to the saver and it is also known as legally as a qualified tuition plan.
It is authorized by Section 529 of the Internal Revenue Code and sponsored by state agencies or educational institutions.
It is important to know that the interest generated under the 529 plan is not taxable by government.
Basically the 529 plan is for future educationally qualified expenses.
While a traditional saving account
is a normal savings account where one can save money in and also has the right to withdraw such funds whenever the funds are needed.
A traditional savings plan also generates interest but the interest generated are taxable. The interest generated on this account are usually moderate as the fund s are not held for a long time.