Answer: to protect the economic freedom of all of its citizens
Explanation:
The above quote by Adam Smith was him criticizing the common practice in those days of nations trying to control the spending habits of their citizens by passing restrictive laws and limiting the importation and production of certain goods and services.
It would therefore support the U.S. policy of protecting the economic freedom of her citizens such that they may trade whatever it is that they want - so long as it is legal - without restrictions by the government.
Answer:
B) It would increase the opportunity cost of becoming a broadcaster.
Explanation:
Opportunity costs are defined as the cost of choosing one alternative activity or investment over another.
The basketball player has two options, he can continue to play for an NBA team with a much better salary, or he can decide to become a broadcaster. If the player decides to quit basketball, then he will lose more money due to pay raise. That amount of money that he will lose if he decides to become a broadcaster is the opportunity cost of becoming a broadcaster. Since the pay increase raised the player's salary, the opportunity cost of becoming a broadcaster also increases.
Innovation is the correct answer to this question.
If you returned a $5 federal reserve note to the fed, you could receive five 1$ bills, t<span>he FED or the Federal Reserve system is the central bank of the United States. Congress created the Federal Reserve through a law enacted in 1913, giving it the responsibility of promoting a solid banking system and a thriving economy.</span>
Not knowing there market or customer's needs.
