The critical assumptions behind the idea of Adam Smith's invisible hand are
A. wage-price flexibility and individuals pursuing their own self-interests.
B. balanced budget and balance trade.
C. zero unemployment and high economic growth.
D. high economic growth and low inflation.
Answer:A
The critical assumptions behind the idea of Adam Smith's invisible hand are
A. wage-price flexibility and individuals pursuing their own self-interests. B. balanced budget and balance trade. C. zero unemployment and high economic growth. D. high economic growth and low inflation.