Which of the Following Contributes to the Efficiency of Markets

question 11

Multiple Choice

Which of the following contributes to the efficiency of markets?

• A)Governments play an active role in the day-to-day operations of markets.
• B)Markets are able to bring about an equitable distribution of goods and services.
• C)Markets promote equal standards of living.
• D)Markets promote competition and voluntary exchange.

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Definitions:

Klüver-Bucy Syndrome

A rare neurological condition characterized by lack of fear, hypersexuality, tendency to orally explore objects, visual agnosia, and docility, resulting from damage to the temporal lobes.

Fear Response

The fear response is a physiological reaction that occurs in response to a perceived threat, involving the activation of the fight-or-flight response by the amygdala.

Increased Sexual Activity

A situation where individuals engage in sexual behaviors more frequently than is typical for them.

Fear Response

The automatic, rapid and often unconscious reaction to a perceived threat, involving physiological changes such as increased heart rate.