True.
Generic Union contracts have similar provisions
Examples include government policies that impact spending for welfare, public education, highways, and public safety, or a professional organization's benefits plan.
Answer:
B. prices would do a better job of coordinating the activities of buyers and sellers than markets could.
Explanation:
In 1776, the Scottish economist and philosopher also known as the father of economics, suggested that price was better left to produce better market results than the intervention of guilds.
He was of the opinion that price control and regulations by guilds were disruptions to market play and would not be as efficient as allowing price be determined by the market(buyers and sellers). Adam was a pioneer of the free market economic theory.
Im not very good with wars but if i was doing this it would be world war 3, the last one i would allow him to i guess lol
The circular flow of economic activity is a model showing the basic economic relationships within a market economy. ... In the circular flow of the economy, money is used to purchase goods and services. Goods and services flow through the economy in one direction while money flows in the opposite direction.
