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Basic science discoveries often lead to the development of technology, and the development of technology often leads to new scientific discoveries. Which of the following is not an accurate pairing of a technology and a discovery?
Economic Decisions
Choices made by individuals, firms, or governments regarding the allocation of scarce resources to satisfy needs and desires.
Principle of Neutrality
In economic policy, it suggests that decision-making and interventions should not favor any particular market outcome or resource allocation.
Economic Decisions
Choices made by individuals, businesses, or governments regarding the allocation of resources and the distribution of goods and services.
Total Burden
The full impact or total effect of something, often used in economics to refer to the combination of direct and indirect costs associated with a policy or tax.
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