Adam Smith Is

question 95

Multiple Choice

Adam Smith is:

• A) responsible for a branch of economics bearing his name.
• B) the author of this text.
• C) responsible for refining the model of supply and demand.
• D) considered the founder of economics.

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Definitions:

Symmetric

A characteristic of an object or distribution in which it is identical in size, form, and arrangement on both sides of a dividing line or plane.

First Quartile

The middle number between the smallest number and the median of the dataset, dividing the data set into lower 25% and upper 75%.

Percentile

A measure that indicates the value below which a given percentage of observations in a group falls.

10th Percentile

A value below which 10 percent of the data falls.