FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Economics The invisible hand refers to A the safety net ready to catch people who fall under the poverty line. the coordination of activities through

image text in transcribed

Economics

image text in transcribed
The invisible hand refers to A the safety net ready to catch people who fall under the poverty line. the coordination of activities through prices in a decentralized B competitive economy. C government intrusion in private affairs D he link between the "fingers" of government: federal, state, and local

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Microeconomics

Principles of Microeconomics

Authors: N. Gregory Mankiw

8th edition

1305971493, 978-1305971493

More Books

Students also viewed these Economics questions

Question

★★★★★
Campbell Industries has gathered the following information about the actual sales revenues and expenses for its pharmaceuticals segment for the most recent year (all data is in millions). Sales...

Answered: 1 week ago

Question

★★★★★
29. In Prob. 28 show that B is a symmetric c-inverse of A where B = $$\frac{1}{2}$$ [A + (A)'] and where A is any c-inverse of A.

Answered: 1 week ago

Question

★★★★★
1. Understand dangerous offenders and why treatment of dangerous offenders is important for reducing recidivism and ensuring community safety

Answered: 1 week ago

Question

★★★★★
On January 1, 2008, a machine was purchased for $900,000 by Tom Young Co. The machine is expected to have an 8-year life with no salvage value . It is to be depreciated on a straight-line basis. The...

Answered: 1 week ago

Question

★★★★★
Blue Dingo uses a standard costing system. The company's standard costs and variances for direct materials, direct labor, and factory overhead for the month of May are as follows. Variances Standard...

Answered: 1 week ago

Question

★★★★★
Consider the following schedule of actions, listed in the order they are submitted to the DBMS: Schedule S1: r1(X), r2(Y), r1(Z), r2(X) , w2(X) , r2(Z) , r3(Y) , w2(Z), w1(Y) , w3(Y), c3, r1(Y) ,...

Answered: 1 week ago

Question

★★★★★
Demand for Surf World is Poisson with mean 2.5. If they happen to stock 5 copies, what is the expected number of customers who will want to purchase Surf World but will be unable to do so because the...

Answered: 1 week ago

Question

★★★★★
The figure below shows a resistor network. R 2 R3 R 1 WW RA + V The values of the components are as follows: . R1 = 2.65 0 . R2 = 5.09 0 . R3 = 7.28 0 . R4 = 8.83 0 . V= 7.92 Volts Fill in all the...

Answered: 1 week ago

Question

★★★★★
What is the first step you should take when preparing for a meeting to ensure it is valuable to all attendees? Use the editor to format your answer

Answered: 1 week ago

Question

★★★★★
a. A sample of 95 employees of Malindi Tyre Company were asked which means of transport they used t and the following data was obtained; Means of Transport Number of Employees Matatu 41 Personal Car...

Answered: 1 week ago

Question

★★★★★
What happens in Stage Four, the turning point? a. The individual or team gives up. b. The individual or team commits to move forward. c. The team doesn't have all the answers. d. All the above

Answered: 1 week ago

Question

★★★★★
1) The Fischer-Tropsch (F-T) process was developed in Germany in 1923 to convert synthesis gas (i.e., a mixture of hydrogen and carbon monoxide} into liquid with some gaseous hydrocarbons....

Answered: 1 week ago

Question

★★★★★
A greater tendency to create winwin situations.

Answered: 1 week ago

Question

★★★★★
Improving creative problem-solving ability.

Answered: 1 week ago

Question

★★★★★
1. Discuss the following statements: (a) A circle becomes a straight line when viewed on a very small scale. (b) Breaking patterns creates change.

Answered: 1 week ago

Previous Question Next Question