According to Adam Smith's invisible hand doctrine:
a. self-interest best serves the interests of society.
b. laissez faire must be improved by government intervention.
c. producers should serve the best interests of society.
d. only laissez faire mercantilism best serves the interests of society.
a
Economics
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Use the following figure to answer the question below.
The combination of zero pounds of corn and eighty pounds of green beans is
A. efficient. B. not attainable. C. inefficient. D. local.
Economics
When the Fed wants to lower the federal funds rate, it ________.
A. increases the reserve requirement B. increases the prime rate C. buys bonds from banks and the public D. increases the discount rate
Economics