Which of the Following Is Not a Problem for the Price

question 39

Multiple Choice

Which of the following is not a problem for the price system allocating resources among different time periods?

• A)Interest rates are used for a variety of purposes other than influencing investment.
• B)The market devotes too much to immediate consumption.
• C)Our market system leads to lesser real incomes for later generations.
• D)Our market system despoils irreplaceable natural resources.

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Definitions:

Visualizing

The act or process of forming mental images or concepts of what is not actually present to the senses.

Imagining Consequences

The mental process of envisioning the outcomes of actions or behaviors before they are carried out.

Reinforcement

In behaviorism, it is a consequence applied that strengthens an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Internal Representational Systems

The mental mechanisms by which individuals organize, interpret, and store information about the world around them.