Which of the Ten Principles of Economics Does Welfare Economics

question 2

Multiple Choice

Which of the Ten Principles of Economics does welfare economics explain more fully?

• A)The cost of something is what you give up to get it.
• B)Markets are usually a good way to organize economic activity.
• C)Trade can make everyone better off.
• D)A country's standard of living depends on its ability to produce goods and services.

---

Definitions:

Research Support

The assistance or funding provided for conducting research.

World Health Organization

A specialized agency of the United Nations responsible for international public health.

Worldwide Epidemic

A widespread outbreak of a disease that affects individuals across multiple countries or continents.

Obesity

Extreme overweight in relation to age, sex, height, and body type as defined by having a body mass index at or above the 95th percentile.