Multiple Choice
Adam Smith is
A) considered the founder of economics.
B) responsible for a branch of economics bearing his name.
C) responsible for refining the model of supply and demand.
D) the author of this text.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Which of the following is a macroeconomic
Q7: Scarcity can best be defined as a
Q8: Economists use assumptions to<br>A) make things simpler.<br>B)
Q9: The study of the choices made by
Q10: A small change in a relevant variable
Q12: Recall the Application about housing prices in
Q13: Economists assume that individuals make informed decisions
Q14: Markets perform all of the following functions
Q15: A pie chart show the relationship between
Q16: Because resources are limited,<br>A) only the very