With the options given in the question, the correct answer is C) the government sets policy for producer and consumers, which guides the economy.
<em>The option that best describes the idea of the “invisible hand” is “the government sets policy for producer and consumers, which guides the economy.”
</em>
The “invisible hand” is a term coined by the economist Adrian Smith in his book “The Wealth of Nations”. It implies that in the market exist an “invisible hand” that helps the demand and supply of goods to maintain a balance.
Observing the graphic attached, another valid affirmation that stems from the information in the graphic could be: producers and consumers work together, which guides the economy.
Granting titles of nobility is denied to both national and state government. Providing for and supervise schools, establish post offices, and impose duties on imports and exports are proposals or projects that both the national and state government can approve and implement.
In regards to this question, i was hoping for some choices to select from. As there are no choices given, so i would have to answer this question based on my knowledge and hope that it helps. Standard of living actually refers to a country's access to goods and services that help make up a vibrant and active economy.
60% It's hard for some kids to learn in a public place.
