The key to economic growth, according to Adam Smith, is:
A) restricting foreign trade so that exports exceed imports.
B) specialization and exchange.
C) getting people to save more, by force if necessary.
D) creative destruction.
Correct Answer:
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Q1: The four growth models discussed in this
Q2: Adam Smith's division of labor refers to:
A)
Q3: The Sung dynasty of China is known
Q4: Adam Smith published:
A) The Communist Manifesto in
Q6: According to Adam Smith, the following institutions
Q7: According to Adam Smith, the best measure
Q8: Adam Smith, the father of modern economics,
Q9: According to early 19th century classical economists
Q10: Early 19th century economists like Thomas Malthus
Q11: Harrod and Domar developed their model of
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