Chapter 3 in the Undercover Economist on the "World of Truth" emphasizes
A) That prices convey important signals about the state of the world
B) That production without prices is now just as efficient as with them because of advances on software
C) That most people do not respond to prices very much
D) That prices are important but easily manipulated by large producers
Answer: A) That prices convey important signals about the state of the world
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a. True b. False Indicate whether the statement is true or false
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According to the Application, what percentage of the world's population currently lives in urban squatter settlements and therefore has very little housing security?
A) 1% B) 10% C) 30% D) 50%
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