Why is wage and price flexibility crucial to the idea of the invisible hand?
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Why is wage and price flexibility crucial to the idea of the “invisible hand?”
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The invisible hand theory popularized by Adam Smith suggests that individuals pursuing their own selfinterest can lead to an unintended benefit for so...View the full answer
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Related Book For 
Macroeconomics
ISBN: 9780134167398
9th Edition
Authors: Andrew B. Abel, Ben Bernanke, Dean Croushore
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