Economists Who Identify a Goal and Then Design a Mechanism

question 86

Multiple Choice

Economists who identify a goal and then design a mechanism to achieve that goal are engaging in:

• A) setting money prices.
• B) laissez-faire policies.
• C) choice architecture.
• D) mechanism design.

---

Definitions:

Rhabdomyolysis

A condition in which the kidneys have been damaged due to toxins released from muscle cells.

Seizure

A series of violent and involuntary contractions of the muscles; also called a convulsion.

Urine Sample

A specimen of urine collected for medical testing to assess and diagnose various health conditions.

Emergency Department

A specialized department in a hospital that provides immediate treatment to patients with acute illnesses or injuries.