The Idea of the "Invisible Hand" Tells Us That Individuals

question 86

Multiple Choice

The idea of the "invisible hand" tells us that individuals will pursue:

• A) mutually beneficial trades with other individuals to maximize surplus.
• B) trades in which they will be the clear winner and the other will be a loser.
• C) the most equitable outcome possible.
• D) as few government policies as possible so the market can act freely.

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Definitions:

Same Sex Couple

A romantic partnership between two individuals of the same sex.

Mammals And Birds

Categories of vertebrates, with mammals characterized by their fur and mammary glands, and birds distinguished by their feathered bodies and ability to lay hard-shelled eggs.

Governmental Policy

Strategies or principles adopted by government entities to guide decisions and achieve rational outcomes in governance.