Answer:
smith stated in his theory that the free market economy is governed by "invisible hand", this stands in opposite argument of the free market economy which stated that the free market is governed by supply & demand
It would be "local government" that collects sales taxes, along with many of the other smaller taxes that are collected on a daily basis and that are often included in sale pricing.
The name given to Gorbachev's policy of political openness was called "glasnost."
Answer:
Federalist and Democratic-Republican
Explanation:
Answer:
1. In a year
2. Gross Domestic Product
3. government
Explanation:
1. The methods of macroeconomic measurement usually cover periods of a year (GDP, Power Purchasing Parity).
2. GDP means Gross Domestic Product, all the good and services produced by an economy in one year.
3. Governments usually buy road building and military equipment; building infrastructure and purchases of military materiel for an army are government jobs, not the job of private companies.