When Weighing Policy Choices,economic Analysis Stresses

question 85

Multiple Choice

When weighing policy choices,economic analysis stresses

• A) equity.
• B) the size of total economic surplus.
• C) both equity and the size of total economic surplus.
• D) the maximum amount of government involvement.
• E) the minimum amount of government involvement.

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Definitions:

Provisional Patent

A temporary patent filing that allows an inventor to quickly secure a filing date for their invention while they prepare to submit a full patent application.

Funding

The act of providing financial resources to finance a need, program, or project.

Raw Materials

The basic substances or components used in the production or manufacturing of goods.

Contractor

An individual or company that undertakes a contract to provide materials or labor to perform a service or do a job.