...of Society's Problems? a) Yes, markets are efficient and work well under nearly all circumstances.
b) Yes, markets solve the problems of production and distribution
c) No, they do not solve problems such as unemployment and inflation
d) No, they hardly solve any problems at all
e) Uncertain, economic theory has no answer to this question
I really need some help with this homework question. If you know the answer can you tell me and also give me an explanation or something.
Thanx
b) Yes, markets solve the problems of production and distribution
c) No, they do not solve problems such as unemployment and inflation
d) No, they hardly solve any problems at all
e) Uncertain, economic theory has no answer to this question
I really need some help with this homework question. If you know the answer can you tell me and also give me an explanation or something.
Thanx