Which of the Following Is True

question 87

Multiple Choice

Which of the following is true?

• A)When resources are allocated on the basis of personal characteristics,all people who are willing and able to pay the price get the resource.
• B)When the range of activities to be monitored is large and complex,a command system allocates resources better than a market price.
• C)When a market price allocates resources,some people who are willing and able to pay that price don't get the resource.
• D)Force provides the state with an effective method of transferring wealth from the rich to the poor.
• E)When resources are allocated by force,people with the "right" characteristics get the resources.

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Definitions:

Unemployment Rate

The proportion of the workforce that is without a job and is actively seeking work.

Labor Force

The total number of people, including both employed and unemployed individuals, who are of working age and willing to work.

U.S. Population

The total number of people residing within the United States, a demographic figure that changes due to births, deaths, and migration.

Discouraged Workers

Individuals not currently looking for work because they believe no jobs are available for them.