Free market cheerleaders stands for those who support free market.
举一反三
- The free market system in The free market system in<br/>the U.S. is an example of the ______ <br/>principle.
- After the IPO, those shares which trade freely in the open market are known as the free( )
- The price formed in the commodity exchange is（ ） A: “Free market” price B: “Closed market” price C: International market price D: Semi-closed market price
- The "invisible hand" refers to A: the marketplace guiding the self-interests of market participants into promoting general economic well-being. B: the fact that social planners sometimes have to intervene, even in perfectly competitive markets, to make those markets more efficient. C: the equality that results from market forces allocating the goods produced in the market. D: the automatic maximization of consumer surplus in free markets.
- Which of the following correctly describes an oligopoly? A: A single firm has all of the market power. B: Several firms have market power and there is free entry and exit. C: Several firms have market power and there are barriers to entry. D: Several firms take the price as given and there is free entry and exit.