6. In Adam Smiths competitive market economy, the question of what goods to produce is determined by

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6. In Adam Smith’s competitive market economy, the question of what goods to produce is determined by the

a. “invisible hand” of the price system.

b. “invisible hand” of government.

c. “visible hand” of public interest.

d. “visible hand” of laws and regulations.

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Economics For Today

ISBN: 9781594632914

6th Edition

Authors: Irvin B. Tucker

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