The answer is true. According to the laissez-faire economics doctrine, the only time the government should interfere with the economy is to defend the unalienable rights of people. In other words, let the market operate as it sees fit.
The rules of supply and demand will effectively regulate the production of goods and services if left unchecked. Natural resources, capital, and labor all comprise supply. Purchases made by businesses, governments, and consumers all constitute demand. The only function of the government in a free-market system is to guard against coercion against people. The functioning of rational market forces is hindered by theft, fraud, and monopolies.
To learn more about government, click here.
brainly.com/question/306023
#SPJ4
Answer:
The correct answer is option c.
Explanation:
The required reserve ratio is 10%.
i. Jane deposits $1,000 into a checking account. This will increase the bank's reserves. An increase in reserves will lead to an increase in the money supply.
Increase in money supply
=
=
= $10,000
ii. If the Fed purchases $1000 worth of securities from a commercial ban, it will pay the bank for it. This will cause the bank reserves to increase. The bank will be able to increase lending. In this way, money supply will increase.
Increase in money supply
=
=
= $10,000
So both will cause the money supply to increase by the same amount.
Answer:
Explanation:
They would probably like to be a part of a solution, so the company can at least try to even cure the disease. Therefore, the answer to the question should actually be to be part of a solution.
Best of Luck!
B.windshields
the other will all cause some sort of contamination
Answer:
B, Customs union.
Explanation:
A customs union is defined as a trade bloc that has a free trade area, where countries with trade pacts have a common external tariff.
Customs union cannot be created without a trade pact and it is usually between two or more countries. This union means that countries with the trade pact between one another can bring in or take out their goods into those countries at a tariff that is lower compared to other countries that have no trade pact with the country or countries.
Cheers.