Which Statement Best Summarizes the Invisible Hand Theorem

question 63

Multiple Choice

Which statement best summarizes the invisible hand theorem?

• A)Government policies direct people's selfish desires (tempered by social and economic forces) to the common good.
• B)Cultural norms direct people's selfish desires (tempered by political and economic forces) to the common good.
• C)Markets direct people's selfish desires (tempered by political and social forces) to the common good.
• D)Social, political, and economic forces act against people's selfish desires to promote the common good.

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Definitions:

Gender

The social, cultural, and psychological traits typically associated with one's sex, encompassing a range of identities that may not necessarily align with biological sex.

Nonanatomical Factors

Elements influencing medical treatment or physical health that are not related to the body's structure, such as psychological or environmental aspects.

Identify

The action of establishing or determining who or what someone or something is.

Transvestic

refers to the practice of dressing in clothes typically worn by the opposite sex, often for sexual gratification.