--%>

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 : How to recognize economics as a field

    recognize economics as a field of economics

  • Q : Limits of Technological Advances

    Technological advances would not comprise: (i) Native Americans demonstrating Pilgrims how crops grow faster when rotten fish are dropped within with seeds they plant. (ii) pouring coffee through a coffee pot you obtained as a birthday gift. (iii) new

  • Q : Example of Productive Efficiency in

    If six units of capital can be substituted for one unit of labor without changing total steel output, whereas 4 units of capital can be substituted for one unit of labor without changing the output of wheat, at that moment: (w) there is an optimal allocation of resour

  • Q : Define the specific explanation of

    Hey friends please give your opinion for the problem of Economic Analysis that is given below: Economic analysis: (w) focuses only on financial relations. (x) is a step-by-step guide to gaining wealth. (y) centers

  • Q : Labor resources of society Hello guys I

    Hello guys I need your advice. Please suggest some views for following economics problems that what are labor resources of society: (i) Identical along with its population, (ii) The mental and physical talents people make obtainable f

  • Q : Problem relating to the Distributive

    Several parents ask children to write down lists of “things” they would like Santa to carry for Christmas, as well as to rank their “wants” in sequence. While gifts are positively associated to children’s lists, that “wish list&rdqu

  • Q : Define the root of normative economics

    Value judgments which address what “must be” are at the root of: (1) microeconomics. (2) scarcity economics. (3) normative economics. (4) positive economics. (5) macroeconomics. How can

  • Q : Limitation of resource category of

    I need a good answer on the topic of Economic problems. Please give me your suggestion that the economists’ resource category of “land” would not contain: (1) coal, petroleum, and other minerals. (2) the fish and water within the oce

  • Q : Why are Land Land, labor, and capital

    Land, labor, and capital are all scarce since: (w) human wants are restricted. (x) less is obtainable than people want. (y) each productive resource needs a monetary return for its use. (z) once employed they cannot be used again.

    Q : Find out supply shifted to higher

    This market for clothing started on S0 and D0. Inside this market for clothing,: (w) demand has increased, possibly because of a raise in income. (x) new equilibrium price lies below the original equilibrium price. (y) supply may have transferred