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The invisible hand in Adam Smith's book, The Wealth of Nations, O is the idea that prices adjust in the market until equilibium is
The "invisible hand" in Adam Smith's book, The Wealth of Nations, O is the idea that prices adjust in the market until equilibium is reached. O is the idea that choices made by individuals through self interest, lead to economics efficiency. is a dictator that plans the concomy centrally. is the benevolent government that makes policies to benefit everyone.
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
