The 'Invisible Hand

question 109

Multiple Choice

The 'invisible hand':

• A)is the name of an old radio program
• B)is a concept used by Adam Smith to describe the virtues of free markets
• C)is a concept used by J.M.Keynes to describe the role of government in guiding the allocation of resources in the economy
• D)always rewards individuals for using the wellbeing of society as the basis for economic decision making

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Definitions:

Back Massage

A therapeutic technique to relieve tension or pain located in the muscles of the back.

Pain-Killing Endorphins

Pain-killing endorphins are natural chemicals produced in the body that help to reduce pain and boost pleasure, resulting in feelings of well-being.

Antennalike Hairs

Fine, hair-like structures that function similarly to antennae, often used by organisms to sense their environment.

Olfactory Bulb

A brain structure responsible for the sense of smell, located at the base of the brain.