The Concept of the Invisible Hand Was First Introduced to Economics

question 32

Multiple Choice

The concept of the invisible hand was first introduced to economics by:

• A) David Ricardo.
• B) Adam Smith.
• C) Thomas Malthus.
• D) Milton Friedman.

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Definitions:

Prematurely

Occurring or done before the usual or proper time, often implying a negative outcome or risk.

Interest Rate

The percentage of a sum of money charged for its use, indicating the cost of borrowing money or the return on invested funds.