The invisible hand promotes the interests of
...The invisible hand promotes the interests of
Consumers
Society
Government
Producers
Correct answer is A
The invisible hand is a natural force that self regulates the market economy. An example of invisible hand is an individual making a decision to buy noodles and egg, that person decision will make the economic society as a whole better off. This individual(s) are consumers that indirectly influences market economy as regards, what to produce, when to produce, how to produce and for whom to produce.
Which of the following is not a component of national income at factor cost? ...
The total amount of money in circulation includes cash ...
Government can curb inflation by________ ...
A tax is said to be good when ...
Which of the following is a determinant of elasticity of supply? ...
Which of the following is a disadvantage of localization of industries? ...