Management of the economy via extensive regulations and laws specified by the national government is most consistent with:

Related MCQs

• The word economics derives from an early Greek term that means management of a:
• Of the following, the thinkers who viewed markets most favorably and who would consequently have been least likely to condemn payments of interest as immoral or unjustified by productivity would have been:
• Vilfredo Pareto’s very deductive mathematical models and proofs made the market seem quite mechanistic, an approach most notably rejected by his slightly older contemporary:
• The concept of _____ was illustrated by _____ with the quote, “The loss of a little finger would keep the average European from sleeping that night, ... but, provided he never saw them, he will snore with the most profound security over the loss of millions of his brethren.”
• The economic theorist who most vociferously opposed using “all else assumed constant” [ceteris paribus] assumptions when building theory was:
• The most important contribution of Mahalanobis is related to :
• The most prominent representative of supply side economics was :
• The first comprehensive work on economics written in English was authored by Adam Smith in 1776 and entitled “An Inquiry into the Nature and Causes of the:
• Marginalism and the idea that pricing reflects marginal utility and demand was a movement away from:
• Medieval scholastics, early Islamic thinkers, and Aristotle all agreed that: