Examlex
A macroeconomist - as opposed to a microeconomist - would study
Free Market
An economic system in which prices for goods and services are determined by the open market and consumers, where the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.
Free Trade Advocates
Individuals or groups who support the removal of trade barriers between countries to facilitate the exchange of goods and services.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his book "The Wealth of Nations," which laid the foundations for classical economics and modern capitalism.
White Volunteer
An individual of European descent who offers their service or work for free, often in the context of military or community service.
Q104: Deciding that A causes B when in
Q109: In the markets for goods and services
Q230: Refer to Figure 2-12.Which of the following
Q233: Germany could have avoided the high inflation
Q334: To improve living standards,policymakers should<br>A) impose restrictions
Q380: A circular-flow diagram is a visual model
Q402: When two variables have a negative correlation,<br>A)
Q411: Refer to Table 2-5.Table 2-5 shows one
Q517: The art in scientific thinking -- whether
Q530: Refer to Figure 2-3.Unemployment could cause this