10
QuizMultiple Choice
Economic Policy: Influential Theories
Question 10 • SEPHS - SOC240 - Economics (Fall)
The graph shows an early economic theory known as the "invisible hand."
Answer
A
Producers decide what to make for consumers, which guides the economy.B
Individuals seeking their own self interest benefit the economy as a whole.C
Government sets policy for producers and consumers, which guides the economy.D
Consumers decide what they need and want to buy, which guides the economy.