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The "Invisible Hand" Is

Question 94

Multiple Choice

The "invisible hand" is


A) used to describe the welfare system in the United States.
B) a concept developed by Adam Smith to describe the virtues of free markets.
C) a concept used by J.M.Keynes to describe the role of government in guiding the allocation of resources in the economy.
D) a term used by some economists to characterize the role of government in an economy - inevitable but invisible.

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