Which of the Following Statements Is True

question 210

Multiple Choice

Which of the following statements is true?

• A)When the forces of supply and demand determine for whom goods are produced in a society,an equitable distribution of income will naturally result.
• B)An external benefit will occur when a third party enjoys some of the benefits derived from production of some good or service.
• C)One of the roles of our government is to provide a job to any able-bodied person who wants a job.
• D)The price mechanism will work well if there are at least two companies that are competing against each other.

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Definitions:

Genetically Predisposed

Having a higher likelihood of developing certain traits or diseases based on inherited genetic factors.

Ancestors

Individuals from whom one is descended, typically beyond the immediate family, reaching back through generations.

Mania

A mental state characterized by extremely elevated mood, energy, unusual thought patterns, and sometimes psychosis.

Delusional Schemes

Intricate beliefs or plans based on false judgments or interpretations, typically seen in psychiatric conditions.