BUSI 100 questions with correct answers

Thoreau notes that most of his townsmen have learned to read not only to keep accounts and not be cheated in trade but also as a noble intellectual exercise - Answer False Brad has no personal connection to which (singstreet, sandlot, yo gabba gabba) - Answer Sing street Plato felt that the fundamental key in the development of an economy was - Answer More things are produced and better and more easily when one man performs one task according to nature at the right moment and at leisure from other occupations (T/F) Adam smith believed that the individuals act in their own self-interest because they know that this will lead to the greatest good for society as a whole - Answer False (T/F) during lecture, professor Hendricks noted some similarities between the logic profession from an inquiry into the nature and causes of the wealth of nations by Adam smith and the popular children's book "if you give a mouse a cookie" - Answer False- Plato During lecture we watched a brief video that Friedman narrated to illustrate basic free market principles. In the video he indicated these pre in piles are quite simple and easily understood when thinking about the production of____ - Answer Pencils (t/f)The key point in the Friedman doctrine is that in her capacity as a corporate exec, the manager is the agent of the individuals who own the corporation, and her