The Principle of the "Invisible Hand" Claims That

Multiple Choice

The principle of the "invisible hand" claims that:

A) the selfish pursuits of everyone's own interest will lead to the best good for all under market competition.
B) government must gently guide economic activity so that the best for all will be attained.
C) government policies work like an invisible hand, steering resources to their best use.
D) producers must quietly cooperate so that prices are not so low as to cause losses.
E) none of the above.