_____ Is Contrary to a Laissez-Faire Economic System

question 15

Multiple Choice

_____ is contrary to a laissez-faire economic system.

• A)Active government intervention in all economic decisions
• B)Reliance on prices to adjust to changing market conditions
• C)The theory put forward by classical economics
• D)The theory introduced by neoclassical economics
• E)The market acting as an invisible hand

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Definitions:

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals and businesses.

Substitute Check Procedure

A legal process that allows banks to use digital images of checks for clearing and settlement instead of the original paper checks.

Fraudulently Alters

The illegal modification or change of a document, item, or product with the intention to deceive for personal gain.

Embezzles

Illegal taking of funds or assets by a person to whom they were entrusted.