Invisible hand is a term used by the economist ______ to describe how the decisions of households and firms lead to desirable market outcomes

Tariffs are considered to be a popular tax in the first world countries who justify them on the basis of the revenue they generate for government spending

a. True b. False Indicate whether the statement is true or false

Market equilibrium rates of interest are rarely expected to approximate efficient interest rates between willing transactors of exchange

Indicate whether the statement is true or false