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Eduncle posted an MCQ
October 17, 2019 • 19:58 pm 0 points
  • UGC NET
  • Human Resource Management

The concept of ?invisible hand theorem? in the context of labour market was put forward by :

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    Eduncle Best Answer

    The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interest.

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