The "invisible hand" isA. a term used by some economists to characterize the role of government in an economy - inevitable but invisible. B. a concept used by J. M. Keynes to describe the role of government in guiding the allocation of resources in the economy. C. used to describe the welfare system in the United States. D. a concept developed by Adam Smith to describe the virtues of free markets.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The "invisible hand" isA. a term used by some economists to characterize the role of government in an economy - inevitable but invisible. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What is an example of a long term goal if you're in middle school now
Answers (1)
The Fed buys $100 million of bonds from the public and also lowers the reserve requirement r. What will happen to the money supply? A. The money supply will increase. B. The money supply will not change. C. The money supply will decrease. D.
Answers (1)
In what circumstance would a property insurance claim be rejected? a. The insurance company finds that a homeowner intentionally caused damage. b. The property damage is caused by a natural disaster, such as a flood. c.
Answers (1)
Individuals that have the power to prevent sellers from reaching the buying center are called
Answers (1)
Patsy Banz owns 220 shares of General Mills Corporation. For the last calendar quarter, General Mills Corporation paid $0.47 a share. What is the total amount she received in her dividend check for this quarter?
Answers (1)
New Questions in Business
The Commerce Clause holds that states cannot impede interstate commerce. True of False?
Answers (2)
What happens when someone loses a case and still wants to keep fighting?
Answers (1)
When a successor auditor requests information from a company's previous auditor, and there are legal problems or disputes between the client and the predecessor auditor, the predecessor auditor's response to the new auditor may be limited to stating
Answers (1)
In vietnam, business relationships are often based on a. social networks. b. family connections. c. governmental policy. d. cultural expectations.
Answers (1)
The following annual returns for Stock E are projected over the next year for three possible states of the economy. What is the stock's expected return and standard deviation of returns? E (R) = 8.5% σ = 22.70%
Answers (1)