Which of the Following Most Accurately Describes the Invisible Hand

question 12

Multiple Choice

Which of the following most accurately describes the invisible hand concept?

• A) Wise central planning by government is necessary for the efficient use of resources.
• B) In a democratic setting, majority rule will result in the efficient use of resources.
• C) In a market setting, when individuals pursue their own interests, they simultaneously tend to promote the public interest.
• D) In a market setting, when individuals pursue their own interests, they tend to engage in activities that lower the overall economic welfare of society.

---

Definitions:

Coordination Training

Team training that teaches the team how to share information and make decisions to obtain the best team performance.

Team Members

Individuals who work together in a group to achieve a common goal or project.

Training Context

The environment, conditions, and circumstances that influence the design and delivery of training programs.

Emotional Elements

Components of experiences and interactions that involve feelings, moods, and affective states.