The invisible hand refers to the government, while the visible hand refers to the market.
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
- What is the invisible hand in the market economy? A: government policies B: supply and demand C: business cost D: efficiency and innovation
- 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
- The "invisible hand" refers to A: the marketplace guiding the self-interests of market participants into promoting general economic well-being. B: the fact that social planners sometimes have to intervene, even in perfectly competitive markets, to make those markets more efficient. C: the equality that results from market forces allocating the goods produced in the market. D: the automatic maximization of consumer surplus in free markets.
- The<br/>invisible hand refers to() A: how central planners made economic<br/>decisions. B: how the decisions of households and firms<br/>lead to desirable market outcomes. C: the control that large firms have over the<br/>economy. D: government regulations without which the<br/>economy would be less efficient.