Which of These Is an Example of the Placebo Effect

question 51

Multiple Choice

Which of these is an example of the placebo effect?

• A) Patients report better effects from colored pills than from white ones, even though they contain the exact same medicine.
• B) Medication taken at the same time each day is more effective than medicine taken as needed.
• C) Women have a lower tolerance for medication than men, and therefore experience more side effects.
• D) Patients ask their doctors for specific drugs after they have seen them advertised on television.

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Definitions:

Market Failures

Situations where markets do not allocate resources efficiently on their own, leading to a loss of economic welfare.

Government Role

The activities undertaken by a government to regulate and administer economic, social, and political affairs.

Market System

An economic system in which decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.

Allocation of Resources

The distribution of scarce resources among various uses or people within an economy.