The father of modern economics that wrote The Wealth of Nations is:
A) Karl Marx
B) John Maynard Keynes
C) Adam Smith
D) Thorstein Veblen
Correct Answer:
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Q11: According to Adam Smith's invisible hand doctrine:
A)
Q13: Which of the following is true in
Q14: In a market economy, buyers and sellers
Q15: A strength of the market economy is
Q22: Adam Smith's basic economic philosophy stated in
Q23: What type of economic system is commonly
Q25: According to Adam Smith, the "invisible hand"
Q28: In Adam Smith's competitive market economy, the
Q29: What famous economist said, "By pursuing his
Q30: Adam Smith's book, The Wealth of Nations,
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