Adam smith believed the invisible hand would do what for the economy?
A. always dictate supply and demand
B. raise the prices on all products
C. destroy the equilibrium of the economy
D. restore the equilibrium of the economy
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Adam smith believed the invisible hand would do what for the economy? A. always dictate supply and demand B. raise the prices on all ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Under what type of ownership is the property considered owned 50-50 for estate tax purposes and passed automatically to your spouse at your death? A. Tenants in common B. Tenancy by the entirety C. Joint tenants with the right of survivorship D.
Answers (1)
At the end of an accounting period, the costs assigned to a production department can be split into the cost of units fully completed and transferred out, and the cost of units partially completed and remaining in the Work-in-Process Inventory of
Answers (1)
The following information relates to a product produced by Marigold Company: Direct materials $20 Direct labor 10 Variable overhead 20 Fixed overhead 15 Unit cost $65 Fixed selling costs are $650,000 per year, and variable selling costs are $10 per
Answers (1)
A high unemployment rate is an indicator for low economic
Answers (1)
A checkmark in the PR column in the general journal means the? A. Entry was recorded correctly B. Amount was posted to the controlling account C. Entry was audited D. amount was recorded in the subsidiary ledger
Answers (1)
New Questions in Business
Bella, Inc. manufactures two kinds of bagslong dashtotes and satchels. The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $ 26 comma 000.
Answers (1)
A Caterpillar tractor acquired on January 12 at a cost of $171,000 has an estimated useful life of 25 years. Assuming that it will have no residual value. a. Determine the depreciation for each of the first two years by the straight-line method.
Answers (1)
Ronnie has a credit card that uses the previous balance method. the opening balance of one of his 30-day billing cycles was $4790, but that was his balance for only the first 4 days of the billing cycle, because he then paid off his entire balance
Answers (1)
Joel and Kirk both work with a stock brokerage firm. Joel is considered to be extremely attractive, and Kirk is considered to be average in appearance.
Answers (1)
Choose the correct statement about the LAS curve. A. The LAS curve shifts rightward when the money wage rate falls. B. The LAS shifts rightward when the SAS curve shifts rightward and shifts leftward when the SAS curve shifts leftward. C.
Answers (1)