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:

Beet Juice

The liquid extracted from beetroot, often used as a natural colorant in food products, or consumed for its nutritional benefits.

Refined Sugar

Sugar that has undergone a process to remove impurities and unwanted components, resulting in pure, crystalline sucrose.

Industrial Fiber

Man-made or natural fibers primarily used in the production of durable goods and industrial products instead of consumer apparel.

Refined Sugar

Sugar that has been processed to remove impurities and achieve a high level of purity and whiteness.