What is the ""invisible hand""? Select one: a. The idea that government economic planning tends to benefit not only the individual but also all of society. b. The principle that most people avoid economic transactions with so-called ""outsiders."" c. The idea that people pursuing their own self-interest actually benefit the public at large. d. The notion that the pursuit of profit leads to the exploitation of consumers.

C)The idea that people pursuing their own self-interest actually benefit the public at large.

Explanation: Definition: The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand. Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations

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the act of deciding on matters of the economy. economic decision making is routinely conducted by finance ministers, economic advisors, heads of major central banks and business leaders and can have profound effects on a major economy.

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