Which of the following potential drawbacks of an economic system is most influenced by human nature?
A) income inequality
B) exploitation
C) high exposure to risk
D) central planning
E) lack of incentive
Answer: B
Explanation: B) The other options are more a product of systemic forces. Exploitation is mainly driven by the human capacity for greed.
Business
You might also like to view...
When a merchandiser records sales returns, Accounts Receivable is credited. (Assume the seller uses the perpetual inventory system.)
Indicate whether the statement is true or false
Business
The estimated true value of community water consumption is 800,000 gallons for a given month. Assume that the seasonal, cyclical, and irregular components are 80%, 110%, and 130%, respectively, of normal usage
Use the multiplicative time series model in determining the quantity of water consumed during the month.
Business