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lambchop03 lambchop03
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4 years ago
Adam Smith used the metaphor of the "invisible hand" to explain how

▸ the production possibilities frontier illustrates efficient outcomes.

▸ markets mismatch buyers and sellers.

▸ business owners are benevolent.

▸ people acting on their own self-interest promote the interest of society as a whole.
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
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cuddahy99cuddahy99
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4 years ago
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lambchop03 Author
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4 years ago
Just got PERFECT on my quiz
mikeh209
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Transonic
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2 hours ago
Good timing, thanks!
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