Which of the Following Is a Key Difference Between the Economic

question 155

Multiple Choice

Which of the following is a key difference between the economic activities of government and those of private firms?

• A) Private firms face the constraint of scarcity; government does not.
• B) Government focuses primarily on equity; private firms focus only on efficiency.
• C) Private economic activities create externalities; government activities do not.
• D) Government has the legal right to force people to do things; private firms do not.

Understand the concept of variability in the context of probability distributions.

Apply probability concepts to real-world scenarios to make predictions.

Identify and correct inconsistent tense in sentences.

Identify and correct inconsistent person usage in sentences.

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Definitions:

Inferior Vena Cava

The large vein that carries de-oxygenated blood from the lower and middle parts of the body into the right atrium of the heart.

Valves

Structures in the heart and veins that maintain blood flow in one direction, preventing backflow.

Coronary Artery

is a vital blood vessel that supplies oxygen-rich blood to the heart muscle itself.

Aorta

The aorta is the largest artery in the body, originating from the left ventricle of the heart and extending down to the abdomen, distributing oxygenated blood to all parts of the body.