The "Invisible Hand" of Adam Smith's Theory Could Best Guide

question 11

Multiple Choice

The "invisible hand" of Adam Smith's theory could best guide economic activity because:

• A)state-owned manufacturing signified the wealth of a nation.
• B)it controlled middle-class entrepreneurs with legislative restrictions on trade.
• C)it made all mercantilist interests legitimate functions of government.
• D)all humans are rational and are the best judges of their own interests.
• E)Smith believed that economics was controlled by something beyond human understanding.

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