An Economy Is Efficient If One Person Can Be Made

question 38

True/False

An economy is efficient if one person can be made better off by reallocating resources without making anyone else worse off.

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Definitions:

Fetal Period

the stage of human development that begins around the ninth week after fertilization and continues until birth, characterized by rapid growth and maturation of body systems.

Activity Level

A characteristic of individuals, often observed from early childhood, describing the degree of physical energy and movement, varying from very active to less active.

Folic Acid

A B vitamin that is crucial in the production of red blood cells and for the development of a healthy brain and spinal cord, particularly important during early pregnancy.

Neural Tube

An embryonic structure that later develops into the brain and spinal cord.