Adam Smith stated in his book The Wealth of Nations the concepts of:

Question

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Adam Smith's "The Wealth of Nations" introduces several key economic concepts, including the "invisible hand" that guides resources to their most valuable uses (A), the importance of aggregate supply and demand in economic theory (though not explicitly in those terms, his work laid the groundwork for these concepts) (B), and the increased productivity that results from specialization (C).

Adam Smith Stated in His Book the Wealth of Nations