According to Some Economists, the Private Sector Is More Efficient

question 212

Multiple Choice

According to some economists, the private sector is more efficient than the public sector mainly because

• A) the private sector has a clear test of performance: profit and loss.
• B) wages, salaries, and fringe benefits are higher in the private sector.
• C) worker turnover is higher in the public sector.
• D) of extensive negative externalities in the public sector.

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Definitions:

Husbands And Wives

Refers to the partners in a marital relationship, encompassing both the male and female spouses.

Polygamy

Having more than one spouse at one time.

Self-esteem

A person's personal assessment of their own worth or value, based on their feelings and emotions.

Youthfulness

The state or quality of being young, often characterized by energy, freshness, or vitality.