According to Adam Smith,what Does the Market Represent

question 37

Multiple Choice

According to Adam Smith,what does the market represent?

• A)a destructive influence on the lives of ordinary people
• B)a benevolent force that,if allowed to operate unregulated,would soon destroy the very foundations of society
• C)a benevolent force through which human happiness is maximized
• D)a "great transformation" of productive processes

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Definitions:

Series RL Circuit

A circuit composed of a resistor (R) and an inductor (L) arranged in series with each other, used to filter or shape signals among other applications.

Inductive Reactance

The opposition offered by an inductor to the flow of alternating current (AC), dependent on both the frequency of the current and the inductance of the inductor.

Total Impedance

The collective resistance to current flow in an AC circuit, including the effects of both resistance and reactance.

Applied Voltage

The amount of voltage connected to a circuit or device.