In The Economy Tomorrow analysis in the text stated that thousands of people were waiting for a kidney transplant. Which of the following statements is true?
A. Allowing the sale of kidneys at a price greater than zero would decrease the number of available kidneys.
B. Allowing the sale of kidneys at a price greater than zero would likely increase the number of available kidneys.
C. A price ceiling of zero is effectively a prohibition against donating organs.
D. There is not an organ shortage.
Answer: B
You might also like to view...
In the figure above, what is the marginal social benefit of the 3,000,000th CD per month?
A) $11.00 per CD B) $8.00 per CD C) $6.00 per CD D) None of the above answers is correct.
The above table gives data for the nation of Sueland. What is the value of net exports?
A) $43 billion B) $234 billion C) -$43 billion D) $511 billion
Explain an additional disadvantage for a country undergoing dollarization compared to a currency board or other exchange-rate targeting regimes
What will be an ideal response?
The minimum wage is an attempt to raise the income of low-income workers
a. True b. False