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The Philosophy of Classical Economics Developed by Adam Smith _____________

Question 27

Multiple Choice

The philosophy of classical economics developed by Adam Smith _____________.


A) was adopted by the Aborigines in the Kakadu region of Australia
B) argues that individuals acting in their own self -interest harm society
C) assures equality between rich and poor
D) proposes maintenance of economies through government restraint and regulation
E) advocates free -market policies that many credit for the tremendous gains in material prosperity of industrial nations

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