Adam Smith's theory of the invisible hand posits that the most efficient allocation of resources is often achieved by:
A)reducing economic inequality.
B)government intervention in the market.
C)collective action.
D)the actions of independent, self-interested buyers and sellers.

Question

Quizplus · Accepted Answer

Adam Smith's theory of the invisible hand posits that the actions of independent, self-interested buyers and sellers will often (but not always)result in the most efficient allocation of resources.

Adam Smith's Theory of the Invisible Hand Posits That the Most