Excluded from the Generally Recognized Limitations of the Price System

question 11

Multiple Choice

Excluded from the generally recognized limitations of the price system is its inability to

• A) create an equitable distribution of income.
• B) provide sufficient amounts of public goods.
• C) allocate resources.
• D) minimize external diseconomies.
• E) produce adequate amounts of necessities consumed primarily by the poor.

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Definitions:

Canadian Life Expectancy

The average number of years that individuals born in Canada are expected to live, based on statistical averages.

Health Programs

Initiatives sponsored by governments, private institutions, or communities aimed at improving health and preventing disease.

Lifespan

The average period that a living being or organism is expected to live.

Pathologization

The process of treating or characterizing behaviors, beliefs, or conditions as indicative of a disease or disorder.