Which economist developed the concept of the invisible hand?

a. John Maynard Keynes
b. Adam Smith
c. Karl Marx
d. Milton Friedman

b. Adam Smith

Adam Smith developed the concept of the invisible hand.

Economics

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A tax cut will unambiguously lower income-tax revenue

Indicate whether the statement is true or false

Economics

Real per capita GDP in the United States in 2012 was approximately:

A. $13,300. B. $39,800. C. $43,900. D. $13.3 trillion.

Economics