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8 January, 20:57

Which of the following is the free market economist Adam Smith not known for?

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  1. 8 January, 21:12
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    The answer is Adam Smith is not known for the circular flow model of a mixed economy. Smith is a philosopher, Scottish economist, he is best known for two classic works: The Theory of Moral Sentiments and An Inquiry into the Nature and Cause of the Wealth of Nations. Adam Smith is known as a father of a modern economics.
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