Ask Question
14 December, 21:38

The "invisible hand" is

a. used to describe the welfare system in the United States.

b. a concept developed by Adam Smith to describe the virtues of free markets.

c. a concept used by J. M. Keynes to describe the role of government in guiding the allocation of resources in the economy.

d. a term used by some economists to characterize the role of government in an economy - inevitable but invisible.

+2
Answers (1)
  1. 14 December, 23:28
    0
    Answer and Explanation:

    b. a concept developed by Adam Smith to describe the virtues of free markets.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The "invisible hand" is a. used to describe the welfare system in the United States. b. a concept developed by Adam Smith to describe the ...” 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