An increase in the supply of a product in a market economy will result in a/the price of the product decreasing
b/the opportunity cost of the product decreasing
c/the scarcity of the product increasing
d/the demand for the product increasing

Match each economist to his economic belief. a.) adam smith b.) friedrich von hayek c.) milton friedman d.) john manyard keynes 1.) less government intervention gives more people economic freedom. 2.) government should not control the money supply. 3.) government intervention is necessary for stability. 4.) competition is a regulatory force.

French revolution to the correct category

Is british society today better than it was 400 years ago?