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11 Dec 2017
23. By the phrase "invisible hand”, Adam Smith was expressing the idea that a. there are no economic conflicts among nations. b. there would be no economic conflicts among nations if countries would eliminate tariffs. c. legal and political systems often influence market outcomes. d. business executives have a natural interest in keeping prices down and preventing inflation. e. by pursuing their own self interests, people frequently promote the interests of society.
23. By the phrase "invisible hand”, Adam Smith was expressing the idea that a. there are no economic conflicts among nations. b. there would be no economic conflicts among nations if countries would eliminate tariffs. c. legal and political systems often influence market outcomes. d. business executives have a natural interest in keeping prices down and preventing inflation. e. by pursuing their own self interests, people frequently promote the interests of society.
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