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Adam Smith's View of Modern Economies Is Described Best by Which

Question 1

Multiple Choice

Adam Smith's view of modern economies is described best by which of the following?


A) He argued that competition led to the creation of wealth.
B) He condoned the exploitation of workers because low wages increase productivity.
C) He believed the division of labour had no impact on productivity.
D) He felt that the key to understanding the economy was studying bureaucracy.

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