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_____ Is a Term Used by Adam Smith to Explain

Question 8

Multiple Choice

_____ is a term used by Adam Smith to explain the inherent mechanisms at work in free market systems that keep commerce in equilibrium. It is also known as the "invisible hand."


A) Consumerism
B) Cultural relativism
C) Social democracy
D) Laissez-fair
E) Bimodal wealth distribution

Correct Answer:

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