13. What is the invisible hand principle? Does it indicate that selfinterested behavior within markets will result

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13. What is the invisible hand principle? Does it indicate that selfinterested behavior within markets will result in actions that are beneficial to others? What conditions are necessary for the invisible hand to work well? Why are these conditions important?

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Macroeconomics Private And Public Choice

ISBN: 9781111970628

14th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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