The “invisible hand” refers to_______________?
A. a feature of Adam Smith,s Wealth of Nations
B. the belief God exhibited by the Puritans
C. the fact that prayer results in help
D. a belief in ghosts prevalent in the early Middle Ages
A. a feature of Adam Smith,s Wealth of Nations
B. the belief God exhibited by the Puritans
C. the fact that prayer results in help
D. a belief in ghosts prevalent in the early Middle Ages
A. The marginal propensity to consume is constant
B. The economy is at full employment
C. There is a constant relationship between net investment and the rate of change of output
D. The multiplier is constant
A. 0.8
B. 800
C. 810
D. 0.81
A. explicit standards of quality control must be imposed by management
B. employees are given too much discretion
C. small organization inevitably become bureaucracies
D. vertical hierarchies of power are too sluggish
A. public but not private diplomacy
B. legal but not illegal or “black market” trade
C. declared but not undeclared wars
D. all of the above
A. corporation
B. government
C. commune
D. union
A. brainwashing
B. instruction
C. education
D. propaganda