Q-1: If the economy runs most efficiently when left on its own (Adam Smith’s invisible hand), then why do we need government involvement? Do you think government should be so heavily involved in our economy?
Q-2: If efficiency is our goal, how do we know if our economy is running efficiently or not? Given the articles you have read and the things you have learned, what do you think about our current economy? Is it running efficiently now?
Answer each question in minimum 300 words with references and intext citations.
Answer will be sent by email as attachment.