According to Adam Smith, "Invisible Hand" Refers to _____

question 50

Multiple Choice

According to Adam Smith, "invisible hand" refers to _____

• A) the hidden role of government in setting regulations that govern markets.
• B) the most capable entrepreneurs in an economy.
• C) the competitive market forces that determine prices.
• D) the unseen mechanism of the financial markets that facilitates trade.
• E) the role of technological change and random events in an economy.

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Definitions:

Genders

Socially constructed roles, behaviors, expressions, and identities that a given society considers appropriate for men, women, and other gender diversities.

Early Adulthood

A developmental stage ranging from late teens through twenties, characterized by the exploration of personal relationships and career choices.

Elastic

An object or material capable of resuming its normal shape spontaneously after being stretched or compressed.

Wrinkle

Creases, folds, or ridges in the skin, typically resulting from aging, skin damage, or dehydration.