
Which of the following is motivated by an efficiency concern?
A) In December 2006, the Bush administration restarted a short-term housing assistance program for victims of Hurricane Katrina.
B) Each year, the University of Notre Dame conducts a lottery to parcel out the 30,000 seats available to contributors, former athletes, and parents in the 80,000-seat stadium.
C) The United Network for Organ Sharing advocates a system of rationing scarce kidneys that would favor young patients over old in an effort to wring more life out of donated organs.
D) The federal government's housing choice voucher program assists very low-income families, the elderly, and the disabled to afford decent, safe, and sanitary housing in the private market.
Correct Answer:
Verified
Q103: Markets promote
A)equity and competition.
B)voluntary exchange and equality.
C)equity
Q104: Allocative efficiency best explains _, and productive
Q105: In economics, the term "equity" means
A)everyone has
Q106: _ increases economic efficiency because it forces
Q107: Productive efficiency is achieved when
A)firms add a
Q109: Which of the following is an example
Q110: Which of the following is a result
Q111: Allocative efficiency is achieved when firms produce
Q112: Which of the following generates productive efficiency?
A)competition
Q113: Which of the following is motivated by
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