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At the Center of Adam Smith's Arguments in the Wealth

Question 6

Multiple Choice

At the center of Adam Smith's arguments in The Wealth of Nations was the belief that


A) the pursuit of self-interest in competitive markets would improve the living conditions of citizens.
B) capitalism could only flourish if workers' wages were kept low.
C) guilds provided a structural stability to the economy that permitted the free market to function effectively.
D) the government had a responsibility to protect consumers and the general public from price gouging and fraud.

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