Define the term invisible hand in marketplace

The “invisible hand” of the marketplace is a word referring to consider as: (w) government policies to set market prices at equilibrium levels. (x) speculative manipulations which create disequilibrium. (y) automatic adjustments which drive markets in the direction of equilibrium. (z) Karl Marx’s characterization of capitalistic exploitation of labor.

Can someone explain/help me with best solution about problem of economic...

   Related Questions in Business Economics

  • Q : Economics chapter 1 Suppose that on the

    Suppose that on the basis of a nation's production curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9,000 pizzas. Relate this information to the following statement: "Thr

  • Q : Determine the relative cost of a product

    If banana divides are $2, CD disks are $10, and SCUBA vacations are $360, then what is the relative cost of a SCUBA vacation in phrases of a CD disk: (i) 36 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (v) 3,600 disks.

    Q : Technological advances in producing

    When given resources can now produce additional goods than was previously probable, then there have been a: (1) Stock market boom. (2) Competitive spurt which shrinks entrepreneurial gain. (3) Concavity reversal in the production possibilities frontier. (4) Bigger rel

  • Q : Invisible hand Describe the meaning of

    Describe the meaning of the term “invisible hand.”

  • Q : Variation of wages in inverse proportion

    This wages vary within inverse proportion to the agreeableness and constancy of the employment was a perception first explicitly stated through: (i) Adam Smith. (ii) Karl Marx. (iii) Thomas Malthus. (iv) John Stuart Mill. (v) David Ricardo.

  • Q : Resource markets in simple circular

    Can someone help me in finding out the right answer from the given options. In resource markets in a simple circular flow model, house-holds exchange their _________ for _________. (1) Resources | income. (2) Goods | profits. (3) Labor | goods. (4) Devotion | enlighte

  • Q : Define Average cost and Marginal cost

    Briefly explain the term Average cost and Marginal cost?

  • Q : Factors of account since the Second

    For rapid growth of world trade what are the factors of account since the Second World War?

  • Q : Illustrate several theories about

    Illustrate several theories about causation?

  • Q : Why is the problem of unemployment a

    Why is the problem of unemployment a part of the subject matter of economics?

©TutorsGlobe All rights reserved 2022-2023.