The idea of the invisible hand was introduced by
A) Wassily Leontief.
B) Adam Smith.
C) Thomas Jefferson.
D) Mountifort Longfield.
Correct Answer:
Verified
Q123: In a market system, the mechanism that
Q124: In a planned economy, the concept of
Q125: Which of the following statements is correct?
A)Low
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Q129: Under a laissez-faire system,
A)government coordinates with firms
Q130: Economists favor the use of peak-load pricing
Q131: Under a laissez-faire system,
A)government organizes production and
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