What Is the Basic Task That Economists Expect the Market

question 147

Multiple Choice

What is the basic task that economists expect the market to carry out?

• A)Deal with the fundamental problem of scarcity
• B)Balance the government's budget
• C)Lessen wants to the level of income available
• D)Meet all human wants

---

Definitions:

Negative Reinforcement

A behavioral learning concept where the removal of an undesirable stimulus strengthens a behavior.

Avoidance Learning

A learning process where a subject learns to avoid an unpleasant or harmful stimulus by performing a particular behavior.

Pre-med Course

An undergraduate course or series of courses designed to prepare students for medical school and a career in healthcare.

Doctor of Medicine

A professional degree awarded to individuals who have completed medical school, qualifying them to practice medicine.