2. The policy of minimum government interference in or regulation of economic activity advocated by Adam Smith
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Question:
2. The policy of minimum government interference in or regulation of economic activity advocated by Adam Smith and the classical economists was known as .
a. the law of comparative advantage,
b. laissez-faire.
c. the labor theory of value
d. Mercantilism.
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
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