Which of the following factors are most important to the success of resource allocation policy?
(i) the policy must be well planned and well run
(ii) policymakers must have access to good information about the value of resources and how they affect economic wellbeing
(iii) policymakers must have altruistic motives for helping society
A)(i) and (ii) only
B)(i) and (iii) only
C)(ii) and (iii) only
D)(i), (ii) and (iii)

Question

Quizplus · Accepted Answer

While having altruistic motives may be desirable, it is not a necessary factor for the success of resource allocation policy. On the other hand, a well-planned and well-run policy, along with access to good information about the value of resources, is essential to make informed decisions about resource allocation and ensure that the policy achieves its intended goals.

Which of the Following Factors Are Most Important to the Success