What is the invisible hand in the market economy?
A: government policies
B: supply and demand
C: business cost
D: efficiency and innovation
A: government policies
B: supply and demand
C: business cost
D: efficiency and innovation
举一反三
- The mechanism regulating the normal operation of the market economy - invisible hand is ( ). A: the role of the national government’s macro-control B: the regulation of market mechanism on resource allocation
- The self-interest of the participants in an economy is guided into promoting general economic self-interest by A: oilkonomos B: market power C: government intervention D: the invisible hand
- What is the demand of business for the global supply chain?
- The laissez-faire theory of the 19th century should be understood as ______. A: government control of economy B: monopoly of economy by big business C: cut-throat competition and survival of the fittest D: government giving the business people a free hand in managing economy
- Figure 6.7 shows the supply and demand curves for human kidneys. If the government allowed the market to seek equilibrium, then: