7. Adam Smith wrote that the a. economic problems of eighteenth-century England were caused by free markets.

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7. Adam Smith wrote that the

a. economic problems of eighteenth-century England were caused by free markets.

b. government should control the economy with an “invisible hand.”

c. pursuit of private self interest promotes the public interest in a market economy.

d. public or collective interest is not promoted by people pursuing their self interest.

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Economics For Today

ISBN: 9781594632914

6th Edition

Authors: Irvin B. Tucker

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