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Microeconomics Review questions #1

Question:

Which of the following best describes the "invisible hand" concept?

Answer:

Self-interest in a market system will automatically promote the public interest as well.
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Last update by Roger on 02/03/2013
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Microeconomics Review questions  1
Microeconomics Review questions #1
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Question: Which of the following best describes the "invisible hand" concept?
Answer: Self-interest in a market system will automatically promote the public interest as well.