Apossible fifth stage of cognitive development that characterizes adult thinking is semiformal thought postformal thought informal thought preformal thought previous next

Which best describes the idea behind the "invisible hand"? producers decide what to make for consumers, which guides the economy. individuals seeking their own self interest benefit the economy as a whole. government sets policy for producers and consumers, which guides the economy. consumers decide what they need and want to buy, which guides the economy.

How was the appointment of two consuls during the roman republic an example of a democratic principle? one consul represented patricians and one represented plebeians, so that all citizens had representation each consul had control over the same number of military legions, which prevented either one from a forceful takeover. consuls had to agree on all decisions, which prevented any one person from gaining too much power. consuls had to make decisions based on majority rule in the senate. quickly

In a small, closed economy, national income (gdp) is $350 million for the current year. individuals have spent $100 million on the consumption of goods and services. they have paid a total of $60 million in taxes and the government has spent $75 million on goods and services this year. use this information and the national income identity to answer the questions. how much does the economy spend on investment?