--%>

Invisible hand of the marketplace

The “invisible hand” of the marketplace is a term coined by Adam Smith that considers to: (w) government policies to set market prices at equilibrium levels. (x) speculative manipulations which create disequilibrium. (y) automatic adjustments which drive markets towards equilibrium. (z) Karl Marx’s characterization of capitalistic exploitation of labor.

Hello guys I want your advice. Please recommend some views for above economics problems.

   Related Questions in Public Economics

  • Q : Define subjective opportunity cost for

    Can someone explain me with excellent solution about problem of economic concept of Opportunity Cost... If you exchange your Audi for a race horse you hate, and exchange the race horse for 100 shares of gold-mine stock you believe

  • Q : Governmental allocations of goods I

    I have a problem in economics on Governmental allocations of goods. Please help me in determining the accurate answer of the following question. Pure capitalism is least reliable with: (i) Governmental allocations of goods. (ii) Laissez-faire policies

  • Q : Validation of a new theory in

    A new theory evolves within common sense only after this is determined: (1) Helpful through extensive testing. (2) Within conformity along with Newtonian mechanics and Occam's razor. (3) To contain relatively only some exceptions. (4) Acceptable through the Institute

  • Q : Determine the supply of clothing when

    A pair of possible descriptions for simultaneous transfers of the demand for clothing from D0 to D1 while the supply of clothing transferred from S0 to S1 could be which: (1) unexpectedly cold and frequent blizzards caused M

  • Q : Nonexistence of economic problems I

    I need a good answer on the topic of Economic problems. Please give me your suggestion that, when would be Economic problems nonexistent: (v) The world population stopped rising, (w) capitalism were replaced and abolished along with socialism, (x) all human wishe

  • Q : Government as a trustee on nonhuman

    Can someone please help me in finding out the accurate answer from the following question. Government acts as the trustee over nonhuman resources beneath: (i) Laissez-faire capitalism. (ii) Socialism. (iii) Fee-simple property rights systems. (iv) Feu

  • Q : Entails of a technical approach to

    A technical approach to economics entail: (1) positive questions since this cannot resolve normative matters. (2) normative questions since this cannot resolve positive matters. (3) positive and normative questions since this can resolve all matters.

  • Q : Fee-simple private property rights I

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. “Fee-simple” private property rights permit you to: (1) Shoot trespassers who are on your land with no permission. (2) Refuse to

  • Q : Existence of shortages or surpluses

    Shortages or surpluses exist while: (w) transaction costs are zero. (x) quantity supplied be different from quantity demanded. (y) monopolists enjoy exorbitant profits. (z) supply prices equivalent demand prices. H

  • Q : Weak assumptions

    Philosopher-mathematician Henri Poincaré asserted, “When a phenomenon admits of a total mechanical explanation this will admit of any infinity of others that will account equally well for all of the peculiarities disclosed through the experiment.” O