Invisible hand is a term used by the economist ______ in his 1776 book An Inquiry into the Nature and Causes of the Wealth of Nations

Paying efficiency wages are a way for a company to cut costs and become more efficient, and are therefore lower than market wages

Indicate whether the statement is true or false

Countries that use the euro as their currency face similar concerns as countries did during the years of the gold standard in that each are (were)

A) using a floating currency. B) unable to conduct fiscal policy. C) unable to conduct monetary policy. D) using currency which is backed by gold.