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Economics Mcqseconomics-mcqs
Published
17 Apr 2021
Last updated
28 May 2026

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Who is the author of the book titled "An Inquiry into the Nature and Causes of the Wealth of Nations"?

Multiple choice question for Economics Mcqs. Select an option, then review the explanation below.

Choose the correct answer

Explanation

The book "An Inquiry into the Nature and Causes of the Wealth of Nations" was written by the philosopher and economist Adam Smith. While economic thought existed before him, including contributions from the Greeks and medieval scholars, Smith's work laid the foundation for modern economics.

Practice related questions from the same subject.

  1. 1.According to the World Bank, countries are grouped into four categories based on which of the following criteria?
  2. 2.Automatic stabilizers belong to which category of economic policy tools?
  3. 3.What is the likely effect of an increase in the money supply?
  4. 4.Which economic concept illustrates the inverse connection between inflation and unemployment?
  5. 5.Which of the following does not constitute a part of the Gross Domestic Product (GDP)?

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