Examlex
________ is a measure of an organization's ability to meet its current debt obligations.
Pure Capitalism
An economic system characterized by the private ownership of resources and the use of prices to coordinate economic activity in unregulated markets.
Economic Question
A query that addresses how to allocate scarce resources to satisfy unlimited wants and needs.
Invisible Hand
A metaphor for the self-regulating nature of the marketplace that guides individuals to unintentionally benefit society through the pursuit of their own interests.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his works on the principles of free market economics.
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