Which of the Following Best Describes the Concept of Laissez-Faire

question 23

Multiple Choice

Which of the following best describes the concept of laissez-faire?

• A)Government should not intervene in the economy.
• B)Government should actively intervene in the economy whenever it judges the action to be beneficial.
• C)Government should intervene in the economy only to promote short-term economic stability.
• D)Government should intervene in the economy only to maximize long-term growth rates.
• E)Government should intervene in the economy only when the economy is not at full employment or there is substantial inflation.

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Definitions:

Definite Proportions

A principle stating that a chemical compound always contains its component elements in fixed ratio by mass and does not depend on its source and preparation method.

Relative Masses

A concept referring to how the mass of one particle or object compares to another, often used in chemistry to discuss the atomic mass of elements relative to the carbon-12 standard.

Dalton's Atomic Theory

A fundamental theory proposed by John Dalton in the early 19th century, postulating that elements are composed of indivisible and indestructible atoms which combine in chemical reactions to form compounds.

Whole Number Ratios

Describes the proportionate relationship between elements in a compound, represented by integers.