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Questions and Answers
According to Adam Smith, the state should primarily be concerned with
According to Adam Smith, the state should primarily be concerned with
- Regulating the economy over time
- Maintaining law and order
- Intervening in the natural flow of human economic interaction
- Protecting its people from invasion (correct)
Free-market advocates believe in
Free-market advocates believe in
- Increasing regulations on businesses
- Reducing corporate taxes (correct)
- Government intervention in the economy
- Minimum wage and environmental regulations
The Republican Party tends to support
The Republican Party tends to support
- Government involvement in the economy
- Higher corporate taxes
- Reducing burdensome regulations on businesses (correct)
- Increasing regulations on businesses
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