Adam Smith believed that a nation would produce the maximum wealth by relying on government to make public interest economic decisions

Exiting from a peg is relatively ____ compared with exiting from a common currency, which would be ____.

A) difficult; impossible B) easy; more difficult and costly C) complex; simple D) rare; much more common

Government's use of eminent domain is a solution to

A) the problem of negative externalities. B) potential monopolization of a market. C) the holdout problem. D) the free-rider problem.