Economic efficiency and income equality are often conflicting goals in an economy
a. True
b. False
Indicate whether the statement is true or false
True
Economics
You might also like to view...
Which of the following would an economist classify as capital?
a. 100 shares of Microsoft stock b. a $50 bill c. a credit card d. a lawyer's personal computer e. a bauxite mine in Jamaica
Economics
Which of the following is not a determinant of the demand:
Select one: a. Income b. Price c. Technology d. Beliefs and traditions
Economics
In the specific factors model, which of the following is treated as a specific factor?
A) land B) labor C) cloth D) food E) technology
Economics
Along a supply curve,
a. supply changes as price changes. b. quantity supplied changes as price changes. c. supply changes as technology changes. d. quantity supplied changes as technology changes.
Economics