Solved

The Problem of Effectively Aggregating and Conveying Information from Bottom

Question 149

Multiple Choice

The problem of effectively aggregating and conveying information from bottom layers to top layers in massive government bureaucracies makes it hard for the high-level officials to


A) discern the prices of specific goods and services in the economy.
B) comprehensively assess the marginal costs and benefits of specific programs.
C) monitor the incomes of individual firms and households.
D) estimate the total amount of spending incurred by the government.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents