According to Adam Smith, the best measure of the wealth of a nation is:
A) a nation's military might.
B) the health of the industrial sector of the economy.
C) the size of the population or national territory.
D) the per capita amount of goods and services produced.
Correct Answer:
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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
Q5: The key to economic growth, according to
Q6: According to Adam Smith, the following institutions
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
Q12: The Harrod-Domar model starts with the following
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