One of the biggest benefits of a market-based economy is

A. centralized planning.
B. the ability to adapt quickly to change.
C. consumer protection policies.
D. government regulation.

Answer: B

Economics

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If you grant that the long-term benefits of Head Start are in doubt and focus, instead, on the short-term benefits, you find that

A. children in Head Start are more likely to need special education classes. B. children in Head Start are less likely to repeat first or second grade. C. Head Start has no effect there either. D. Head Start children do much worse in Kindergarten.

Economics

In the long run, a year-long drought that destroys most of the summer's wheat crops causes permanently:

A. higher prices. B. lower prices. C. lower output. D. None of these is true.

Economics