Which Economist Described the Market as Being Driven by "An

question 39

Multiple Choice

Which economist described the market as being driven by "an invisible hand"?

• A) Milton Friedman
• B) John Locke
• C) Friedrich Hayek
• D) Adam Smith

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Definitions:

Laccolith

A bulge-shaped igneous body that has domed and tilted overlying layers and that is observed or interpreted to have a relatively flat floor.

Felsic Magmas

Magma that is high in silica and light in color, which forms rocks such as granite and rhyolite upon cooling.

Intermediate

A term used to describe entities or phenomena that fall in the middle of a specified range or scale, often used in geological contexts to describe rocks or volcanic activities with properties between felsic and mafic.

Main Batholith

A large body of igneous rock formed beneath the Earth's surface by the intrusion and solidification of magma.