28709167
Description
Quiz by Jasmine M., updated more than 1 year ago
|
Created by Jasmine M.
about 3 years ago
|
|
Question 1
Question
Who wrote The Wealth of Nations?
Answer
-
Bretton Woods
-
Adam Smith
-
Benjamin Franklin
-
Alexander Hamilton
Question 2
Question
In the United States both privately-owned companies as well as the government have important roles in the economy. This exemplifies a [blank_start]Mixed[blank_end] economy.
Answer
-
Mixed
-
Democratic
-
Traditional
-
Capitalist
Question 3
Question
Congress has the responsibility for implementing monetary policy.
Answer
- True
- False
Question 4
Question
The universal economic goals of a society are ____________________.
Answer
-
decreased scarcity, improved economy, reduced wants, increased distribution
-
new goods, improved services, government involvement, market control
-
opportunity costs, production possibilities, traditional economy, demand
-
allocative efficiency, productive efficiency, full employment, equity
Want to create your own Quizzes for free with GoConqr? Learn more.