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NemiM [27]
3 years ago
8

Why was adam smith known as the father of economics ?

Social Studies
2 answers:
raketka [301]3 years ago
7 0

Answer:

he has more money so he is

madreJ [45]3 years ago
6 0

Answer:

Adam Smith is also known for creating the concept of gross domestic product (GDP) and for his theory of compensating wage differentials. 2 According to this theory, dangerous or undesirable jobs tend to pay higher wages as a way of attracting workers to these positions.

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