Adam Smith Wrote, "It Is Not from the Benevolence of the Butcher

question 195

Multiple Choice

Adam Smith wrote, "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." He meant that:

• A) most of us no longer get our dinner directly from the butcher, the brewer, and the baker.
• B) butchers, brewers, and bakers are not productive members of society.
• C) high-interest payments mean that no one has to work anymore.
• D) people work for the benefit of others because it benefits them to do so.

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Definitions:

Operational Definition

A specific, clear, and measurable definition of a concept or variable for the purposes of scientific study.

Conceptual Variable

Abstract elements that represent parts of theories and are not directly observable but are measurable through operational definitions.

Measuring

The action of determining the size, amount, or degree of something using standard units or instruments.

Correlational Design

A type of research methodology that examines the relationship between two or more variables without manipulating them to determine cause and effect.