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The basic idea of Adam Smith's invisible hand is that: Group of answer choices a. A free, competitive economy cannot allocate resources efficiently without government
The basic idea of Adam Smith's "invisible hand" is that:
Group of answer choices
a. A free, competitive economy cannot allocate resources efficiently without government planning.
b. There is a force inherent in government with seeks to achieve social usefulness.
c. Population increase is an important determinant of a country's development.
d. The pursuit of private interests by individuals and firms can lead to socially desirable ends.
e. Dire poverty and income inequalities are inevitably a part of a free market.
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