When speaking of the ‘invisible hand’, Adam Smith was referring to
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1 mark, −0.25MacroeconomicsClassical political economyAdam Smith on value, labour and growthEasyabout 1 min
JNU SSS 2014 Question 26: Classical political economy
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Classical political economy has come up 27 times in 4 exams since 2010.
What this question tests
This question is on Adam Smith on value, labour and growth, part of Classical political economy in Macroeconomics.
Smith's ideas on the division of labour, the invisible hand and how markets grow.
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