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    Microeconomics Study Set 2
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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Each Person Goes About Her Daily Business Seeking to Maximize
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Each Person Goes About Her Daily Business Seeking to Maximize

Question 108

Question 108

True/False

Each person goes about her daily business seeking to maximize her own self interests.In doing so, she contributes to the welfare of society at large.This is the idea underlying Adam Smith's "invisible hand."

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