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Which of the Following Best Describes the "Invisible Hand" Concept

Question 11

Multiple Choice

Which of the following best describes the "invisible hand" concept?


A) The desires of resource suppliers and producers to further their own self-interest will automatically further the public interest.
B) The non substitutability of resources gives rise to a conflict between private and public interests and the need for government intervention.
C) Mixed capitalism is the best system for overcoming the scarce resources-unlimited wants problem.
D) Central direction by the government will improve resource allocation in a capitalistic economy.

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