Adam Smith's metaphor of the "invisible hand" sums up his argument that by seeking only their own enrichment and advancement, ______________ unconsciously benefited society as a whole.
A) Corporations
B) Governments
C) Trade unions
D) All of the above
E) None of the above
Correct Answer:
Verified
Q10: The word "economy" would have referred to
Q11: In England, in the latter decades of
Q12: In pre-industrial societies, most agricultural or craft
Q13: With production on a much grander scale
Q14: Published in 1776, Adam Smith's book The
Q16: The analysis of national production and consumption,
Q17: The late 19th century was a period
Q18: As modern economics developed into an academic
Q19: Economists apply the concept of "utility" to
Q20: The emergence of econometrics as a field
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