Which of the following is true?
A) When resources are allocated on the basis of personal characteristics,all people who are willing and able to pay the price get the resource.
B) When the range of activities to be monitored is large and complex,a command system allocates resources better than a market price.
C) When a market price allocates resources,some people who are willing and able to pay that price don't get the resource.
D) Force provides the state with an effective method of transferring wealth from the rich to the poor.
E) When resources are allocated by force,people with the "right" characteristics get the resources.
Correct Answer:
Verified
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Q9: The first-come,first-served method of resource allocation allocates
Q10: In a command system,resources are allocated by
A)force.
B)people
Q11: Lotteries allocate resources to
A)those who work for
Q12: Alvin Roth of Harvard University designed a
Q14: As a method of resource allocation,force
A)plays a
Q15: In the Canadian economy,the command system is
A)not
Q16: At West,a restaurant in Vancouver,reservations are essential.At
Q17: Majority rule allocates resources in the way
Q18: What method of resource allocation depends on
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