Which of the Following Will NOT Occur When Government Policies

question 59

Multiple Choice

Which of the following will NOT occur when government policies are enacted to make the distribution of income more equitable

• A)Behaviour is altered.
• B)Incentives are distorted.
• C)Total utility is constant.
• D)The allocation of resources is less efficient.

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Definitions:

Economical

Providing good value or service in relation to the amount of money, time, or effort spent.

Eco-friendly Washer

A washing machine designed to minimize its environmental impact through energy efficiency and water conservation.

Substantial Investments

Refers to significant financial expenditures or allocations of resources made by individuals or organizations towards assets or projects with the expectation of future returns.

Product Development

The process of bringing a new product to market, from ideation through to design, development, and launch.