Fill in the blank: According to the text a commercial society cannot develop successfully in the absence of ________
A) the rule of law
B) low interest rates
C) central economic planning
D) massive government works projects
E) perfect and complete information
A
Economics
You might also like to view...
A decrease in the discount rate
A) reduces the cost of borrowing from the Fed. B) increases the cost of reserves borrowed from the Fed. C) signals the Fed's desire to decrease the money supply. D) signals the Fed's desire to reduce lending to commercial banks.
Economics
The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $6 per hour, how many hours do students work?
A) 12,000 hours B) 9,000 hours C) 6,000 hours D) None of the above answers is correct.
Economics