The "Invisible Hand" Is

question 94

Multiple Choice

The "invisible hand" is

• A)used to describe the welfare system in the United States.
• B)a concept developed by Adam Smith to describe the virtues of free markets.
• C)a concept used by J.M.Keynes to describe the role of government in guiding the allocation of resources in the economy.
• D)a term used by some economists to characterize the role of government in an economy - inevitable but invisible.

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Definitions:

Psychotherapy

A therapeutic treatment involving psychological techniques, designed to assist individuals in overcoming difficulties and achieving personal growth.

Schizophrenia

A chronic mental health condition characterized by a disruption in the connection among cognition, emotion, and conduct, resulting in incorrect perceptions, unsuitable behaviors and emotions, detachment from the real world and social connections towards illusion and fantasy, and a feeling of psychological disintegration.

Reality

The state of things as they actually exist, as opposed to an idealistic or notional idea of them.

Dopamine

A neurotransmitter in the brain that plays a key role in regulating mood, motivation, pleasure, and reward.