Which of the Following Is Not Generally Considered a Failing

question 173

Multiple Choice

Which of the following is not generally considered a failing of market economies?

• A)Market economies can have severe swings from boom to bust.
• B)Market economies tend to underprovide public goods.
• C)Market economies tend to promote equity at the expense of efficiency.
• D)Market economies can misallocate resources when property rights are ill defined.

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Definitions:

Magnetic Pull

The force exerted by a magnetic field on magnetic objects, influencing their direction and alignment according to the field's orientation.

Mt. Rushmore

A monumental granite sculpture in South Dakota, featuring the faces of four U.S. presidents.

Granite

A very hard, granular, crystalline, intrusive igneous rock consisting mainly of quartz, mica, and feldspar; commonly used in buildings for its strength and durability.

Nuclear Fusion

The combination, or fusion, of two nuclei to form a heavier nucleus, in the process releasing a large amount of energy.