--%>

Explain invisible hand of Adam Smith

The “invisible hand” of Adam Smith described: (w) a large role for the government. (x) altruist motives in civilized society. (y) technological advances promoted throguh monopolies. (z) self-correcting market mechanisms.

Hey friends please give your opinion for the problem of Economic that is given above.

   Related Questions in Public Economics

  • Q : Basic economic questions NOT included

    The three basic economic questions do NOT include: (w) What?, (x) For whom?, (y) Where? and (z) How? Can someone explain me with about above problem of fundamental economic concept...

  • Q : Opportunity or alternative costs when

    Can two ever live as inexpensively as one? What is the opportunity or alternative costs when marrying someone you love?

  • Q : Occurrence of good or service scarce in

    A good or service is scarce when people: (w) would benefit from its reduction. (x) wish more than the amounts freely obtainable. (y) cannot enjoy this simultaneously. (z) can freely consume all they want.

    Q : Assignments I want it tomorrow night or

    I want it tomorrow night or before, please.

  • Q : Purchases of recently issued bonds and

    Define one reason that the purchases of recently issued bonds and stocks: (1) just only increase the value of federal funds. (2) Are not economic investments since they are just alternative forms of people’s financial saving? (3) Reduce the prof

  • Q : Reason of confronting problem of

    People whole the world confront the problem of scarcity at all times just because which one reason: (i) Greedy capitalist monopolies under-produce goods, (ii) International markets are plagued with flawed distribution, (iii) Restricted resources and t

  • Q : Resources and Factors of Production Of

    Of the given words, the term most synonymous along with the term “factor of production” is: (i) technology. (ii) innovation. (iii) entrepreneur. (iv) capital. (v) resource. Please guys help to solve thi

  • Q : When a free good enjoyed by people is

    A free good is something which people enjoy but that is not scarce since: (w) people can costlessly have all they want. (x) people can purchase this along  with credit without containing to immediately pay for htis. (y) luxuries

  • Q : Major foundations of capitalism Can

    Can someone help me in finding out the right answer from the given options. Major foundations of the capitalism are as: (1) Private property and laissez faire govt. (2) Government enforcement of contracts and equivalent opportunity for all. (3) The ri

  • Q : Maximization of complete value of

    Maximization of the complete value of output from a fixed amount of resources gives in: (i) Opportunity cost. (ii) Economic efficiency. (iii) Potential profitability. (iv) Comparative benefit. (v) Scarcity. How can I solve my