The "Informal Defence" of Free Markets Includes the Argument That

question 36

Multiple Choice

The "informal defence" of free markets includes the argument that markets

• A)provide automatic coordination of the actions of decentralized decision makers.
• B)achieve the maximum feasible rate of economic growth.
• C)lead to allocative efficiency.
• D)permit a centralization of economic power.
• E)lead to productive efficiency.

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Definitions:

Authoritative

A parenting style characterized by high expectations and support, considered one of the most effective in child development research.

Extracurricular Activity

Activities that fall outside the scope of the regular academic curriculum, often involving sports, clubs, or volunteer work, which contribute to a person's education.

Parenting Style

The emotional climate, practices, and behaviors that a parent uses in their child-rearing.

Demands

Requirements or needs that are placed upon an individual by themselves, others, or the environment, which can range from simple tasks to complex responsibilities.