Efficiency

question 201

Multiple Choice

Efficiency

• A)and equality both refer to how much a society can produce with its resources.
• B)and equality both refer to how fairly the benefits from using resources are distributed between members of a society.
• C)refers to how much a society can produce with its resources.Equality refers to how evenly the benefits from using resources are distributed among members of society.
• D)refers to how evenly the benefits from using resources are distributed between members of society.Equality refers to how much a society can produce with its resources.

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Definitions:

Checking Account

A bank account that allows for the deposit and withdrawal of funds, typically using checks, debit cards, and electronic transfers, intended for daily transactions.

Cashier's Check

A check issued by a bank or financial institution, guaranteed by the bank itself, used for making large payments where the payee requires assurance of payment.

Certified Check

A certified check is a type of check for which the issuing bank guarantees the availability of funds by verifying that enough money exists in the check writer's account to cover the check.

Written Order

A formal, documented directive given by a court, employer, or another authoritative entity.