Multiple Choice
Samir,a friend of yours,has called for more government regulation of business."After all",he says,"businesspeople are out to make a profit,not to create jobs or serve their customers.The government must pass more laws to require businesses to take the interests of consumers and workers into account".From these comments,it is clear that Samir:
A) is unaware of the fact that most businesses in Canada are actually owned by the government.
B) agrees with the ideas of Adam Smith.
C) does not realize that government regulation is already the main determinant of business decisions in capitalist economies.
D) does not accept the philosophy behind Adam Smith.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: One of the drawbacks of free markets
Q41: Current measures of productivity in the service
Q45: Jill owns a bakery that specializes in
Q51: The reason why many socialist countries have
Q53: A key assumption of socialism is that:<br>A)the
Q55: The _is a statistic that is used
Q59: The concept of the invisible hand is
Q60: In recent years,productivity in the goods-producing sector
Q61: A depression is a severe recession usually
Q157: Inflation refers to a general rise in