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Pick the right answer plzz A)the power of market economies can be a great force

ID: 1097721 • Letter: P

Question

Pick the right answer plzz

A)the power of market economies can be a great force making lives better

1)prices help to allocated goods

2)prices help command economies be efficient

3)prices help to signal value within the economy

4)prices help to allocated scare resources

B)productivity of human capital can be best defined as:

1) monetary

2) the sum of total skills embodies within an indivdual

3)allocate scare resources

4)internaional trade agreements

C)Externalities are defined as

1)crowding out by raising real interest rate

2)the private costs of my behavior are different from the social costs

3)transfer of wealth with an economy

4)specialization of labor

Explanation / Answer

A)the power of market economies can be a great force making lives better

2)prices help command economies be efficient

B)productivity of human capital can be best defined as:

1) monetary

C)Externalities are defined as

the private costs of my behavior are different from the social costs