Welfare economics is the study of how the allocation of resources affects economic well-being.
a. the allocation of resources affects economic well-being.
b. price controls work
c. the government helps poor people.
d. to produce greater equality.
a
Economics
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In the present, most of the exports from China are
A) manufactured goods. B) services. C) primary products including agricultural. D) technology intensive products. E) overpriced by world market standards.
Economics
Recall the Application about the effect of global warming on economic growth to answer the following question(s). According to this Application, a one degree Celsius rise in temperature:
A. increases poor countries' exports. B. decreases poor countries' exports. C. increases rich countries' exports. D. decreases all countries' exports.
Economics