Multiple Choice
Suppose that you study hard, master the principles of economics, and earn a good grade in your economics class. This is an example of a good institution because:
A) your school is selective; not everyone can get in.
B) your self-interest in getting good grades aligns with the social interest of having people who understand economics.
C) everybody gets good grades.
D) sometimes the invisible hand is absent, not just invisible.
Correct Answer:

Verified
Correct Answer:
Verified
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