The "invisible hand" is the price mechanism that guides people's actions in the market.
Answer the following statement true (T) or false (F)
True
This statement matches the definition of the invisible hand in the text.
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
The supply of eggs comes from chickens. The price of eggs will decrease if
A) the supply of chickens decreases. B) the supply of eggs decreases. C) the price of chickens increases. D) the demand for eggs decreases.
All of the following statements describe a market economy except:
A. Government prescribes the market prices for goods and services B. Prices provide important signals to buyers and sellers C. The allocation of resources is determined by their prices D. The actions of buyers and sellers establish a product's price
For a company to convince consumers to use their products repeatedly, they must:
A. make the customers see the benefits of the product. B. hire another celebrity endorser. C. hire an independent company to evaluate the product. D. run the celebrity ads repeatedly.