Adam Smith's Wealth of Nations Emphasized

question 39

Multiple Choice

Adam Smith's Wealth of Nations emphasized

• A) how free markets produce socially efficient outcomes.
• B) that Scotland produced several key technological innovations.
• C) that the government should intervene to smooth business cycles.
• D) the existence of externalities.
• E) mercantilism.

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Definitions:

Neuroticism

Neuroticism is a personality trait characterized by sadness, moodiness, and emotional instability.

Schizoid Personality Disorder

A personality disorder characterized by a long-term pattern of detachment from social relationships and a range of emotions, leading to a preference for solitary activities.

Neuroticism

A personality trait associated with a higher tendency towards anxiety, sadness, worry, and other negative emotional states.

Conscientiousness

A quality that shows someone's knack for organization, reliability, and a deep dedication to responsibilities.