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    Principles of Economics Study Set 12
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    Exam 7: The Efficiency of Markets
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    According to Adam Smith, the Invisible Hand Leads to
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According to Adam Smith, the Invisible Hand Leads to

Question 107

Question 107

Multiple Choice

According to Adam Smith, the invisible hand leads to


A) higher income only for the rich.
B) a socialist society.
C) market efficiency.
D) undesirable social outcomes such as a higher crime rate.
E) more firm profits at the expense of consumers.

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