Multiple Choice
Adam Smith noted that people are adept at which of the following?
A) Confusing themselves if given the chance.
B) Proving the truth of "Murphy's Law."
C) Denying themselves for the sake of others.
D) Pursuing their own self-interest.
E) All of the above are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The principle of comparative advantage explains specialization
Q102: As the term "opportunity cost" is defined
Q176: Voluntary exchange results in mutual gains.
Q201: Economics examines the options open to households,
Q203: A large government faces a production possibilities
Q204: The divergence between money costs and opportunity
Q210: One popular definition of economics is the
Q211: Goods are distributed among people by means
Q224: During World War II, Hitler would often
Q250: If two persons trade, one must gain