Adam Smith believed that if people were free to pursue their own interests.

What will be an ideal response?

the public interest would be served quite well

Economics

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Macroeconomics deals with ________ while microeconomics deals with ________

A) choices important to people; choices not important to people B) economywide choices; choices of individuals C) choices that involve money; choices that does not involve money D) choices of rich people; choices of poor people

Economics

We say that the economy is at full employment if the unemployment rate is equal to

A) zero. B) the natural rate of unemployment. C) the amount of cyclical unemployment. D) the sum of frictional and cyclical unemployment. E) the sum of structural and cyclical unemployment.

Economics