单项选择题

In Smith's view, monopolies ______.

A．will lead to the maximization of production
B．can hardly realize the checks and balances of competition
C．may bring about high production and low demand
D．will not benefit society in the long run

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单项选择题

What does the invisible hand refer to

A．Supply and demand.
B．Laissez faire.
C．Self-interest.
D．Non-interference from the government.

单项选择题

What is the essence of Adam Smith's economic philosophy

A．Self-interest is irrelevant to economic growth.
B．People are generally not interested in the public interest.
C．Government shouldn't intervene in economy.
D．Economic forces should be regulated to promote public interest.