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Which of the Following Statements Shows That Adam Smith Advocated

Question 21

Multiple Choice

Which of the following statements shows that Adam Smith advocated a regulatory approach?


A) Without regulatory involvement, productive resources will find their way to the most productive uses.
B) Leaving activities to the control of market mechanisms will protect market participants.
C) The government needs to be involved in the 'public interest' to protect the more vulnerable.
D) None of the given options are correct.

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