Which of the following statements is true?
What will be an ideal response?
Efficiency implies that it is impossible to get more of one good without getting less of another.
Economics
You might also like to view...
Which of the following federal farm programs was successful in reducing agricultural surpluses?
a. The Agricultural Act of 1948 b. The Emergency Act of 1978 c. The Emergency Feed Grain Bill of 1961 d. The Soil Bank Act of 1956
Economics
Those who favor an active approach to policy and those who favor a passive approach disagree not only on how quickly the government can act but also on how stable the economy basically is
a. True b. False Indicate whether the statement is true or false
Economics