Which of the following best describes the "invisible hand" concept?
A. Ample regulation of business by the government will maximize the public's best interests
B. The market system works best when resources are free to move from one use to another
C. The problem of scarcity can best be overcome in a system of mixed capitalism
D. Self-interest in a market system will automatically promote the public interest as well
Answer: D
Economics
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Beta is
A) is a measure of the overall market's volatility relative to a specific stock. B) is equal to the equity premium. C) a measure of a stocks volatility relative to the market as a whole. D) none of these choices.
Economics
What is an arrangement between countries to allow free trade between members called?
a. economic union b. common market c. trade forum d. free trade agreement
Economics