Examlex

Solved

An Outcome Is Said to Be Efficient If an Economy

question 170

True/False

An outcome is said to be efficient if an economy is conserving the largest possible quantity of its scarce resources while still meeting the basic needs of society.


Definitions:

Education

The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, and habits.

Employment

The condition of having paid work or the process of hiring someone for a job.

School Violence

Acts of violence that occur within educational institutions or settings involving students, teachers, or other staff members.

Firearm Deaths

Firearm deaths are fatalities resulting from injuries caused by guns, including accidents, suicides, and homicides.

Related Questions