The \"invisible hand\" is. a. used to describe the welfare systenin the UnitedSt
ID: 1251641 • Letter: T
Question
The "invisible hand" is. a. used to describe the welfare systenin the UnitedStates. b. a concept developed by adam smith to describe the virtuesof free markets c. a concept used by J.M. Keynes to describe the role ofgovernment in guiding the allocation of resources in theeconomy. d. a term used by some economists to characterize the role ofgovernment in an economy-- inevitable bu invisible. The "invisible hand" is. a. used to describe the welfare systenin the UnitedStates. b. a concept developed by adam smith to describe the virtuesof free markets c. a concept used by J.M. Keynes to describe the role ofgovernment in guiding the allocation of resources in theeconomy. d. a term used by some economists to characterize the role ofgovernment in an economy-- inevitable bu invisible.Explanation / Answer
B. a concept developed by Adam SMith to describe the virtues offree markets.