In What Way, If Any, Does the Invisible Hand Affect

question 159

Multiple Choice

In what way, if any, does the invisible hand affect government resource allocation?

• A) It enhances government efficiency by promoting competition for resources within government.
• B) It does not help resource allocation, as there are no competitive forces within government that automatically direct resources to their best uses.
• C) It rewards government bureaucrats who are most efficient at implementing public policies.
• D) It reduces government efficiency by sending market signals that interfere with government decision making.

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Definitions:

Unsafe Behaviours

Actions or practices that increase the risk of accidents or injuries in the workplace or other environments.

Emotional Stability

Refers to an individual's ability to maintain calmness and avoid excessive emotional reactions under stress.

Work Performance

The level at which an individual or group executes assigned tasks, measured against predetermined standards or objectives.

Personality Dimension

A characteristic or trait that represents a fundamental aspect of an individual’s personality, often used in psychological assessments.