A drafted army can be unnecessarily costly in two ways: it can be the wrong size or it can consist of the wrong people.
Correct Answer:
Verified
Q5: Distributing goods equally among consumers would be
Q6: A golden parachute is a mechanism that
Q7: According to F.A.Hayek,knowledge is lost as statistics
Q8: Most economists believe adverse selection played no
Q9: When allocation decision are not made on
Q11: The use of signals in an economy
Q12: Adverse selection can cause insurance companies to
Q13: In the principal-agent problem,the principal is the
Q14: Whether a good is distributed by a
Q15: The Fabian argument that confiscation of rents
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents