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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 52
Circle the letter that corresponds to the best answer. Adam Smith believed that _____.
A) people should never buy anything if they can make it themselves
B) what makes sense in the conduct of a private family's economic endeavors also makes sense in those of a nation
C) trading with other nations promotes full employment
D) a nation will gain if its citizens trade among themselves, but it will probably lose if it trades with other nations
A) people should never buy anything if they can make it themselves
B) what makes sense in the conduct of a private family's economic endeavors also makes sense in those of a nation
C) trading with other nations promotes full employment
D) a nation will gain if its citizens trade among themselves, but it will probably lose if it trades with other nations
Explanation
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Verified
The major belief of Adam Smith is that w...
Macroeconomics 11th Edition by Stephen Slavin
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