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, Adam Smith Made All of the Following Arguments for Laissez-Faire

Question 56

Multiple Choice

, Adam Smith made all of the following arguments for laissez-faire capitalism, EXCEPT


A) the desire for profit is the invisible hand that guides a capitalist system.
B) the government should not be allowed any role whatsoever in the economy.
C) private firms should be left alone to make their production and distribution decisions.
D) firms will try to use as few resources as possible in order to keep their prices low.
E) certain areas of the economy were better run by government agencies.

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