The famous observation that households and firms interacting in markets act as if they are guided by an "invisible hand" that leads them to desirable market outcomes comes from whose 1776 book?
a. David Ricardo
b. Thorstein Veblen
c. John Maynard Keynes
d. Adam Smith
d
Economics
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Historically, why did the import-substitution strategy become popular among developing nations?
What will be an ideal response?
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Disposable personal income measures the after-tax income received by households
a. True b. False Indicate whether the statement is true or false
Economics