To achieve allocative efficiency, an economy
A) must produce on its PPF.
B) does not necessarily need to be production efficient.
C) must have increases in technology.
D) might leave some resources unemployed.
E) can produce either on or within its PPF.
A
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In a randomized controlled experiment
A) there is a control group and a treatment group. B) you control for the effect that random numbers are not truly randomly generated C) you control for random answers D) the control group receives treatment on even days only.
Scarcity arises because of
a. international trade disputes b. our unwillingness to share earth's bounty c. insatiable wants d. limited natural resources e. primitive technology
The required Reserve ration is 25% an additional 5,000 of reserves can increase the money supply by?
A. 1,250 B. 125,000 C. 25,000 D. 20,000 E. 5,000
Obesity is directly responsible for a massive increase in the number of cases of ______.
a. AIDS b. Hepatitis B c. Type II Diabetes d. Alzheimer’s