Efficiency means that:
A) society is getting the most it can from its scarce resources
B) society is conserving resources in order to save them for the future
C) society's goods and services are distributed fairly among society's members
D) society has lessened its dependence on foreign energy sources
Correct Answer:
Verified
Q45: When government policies are being designed:
A)equity and
Q48: In order for scarcity to exist, it
Q49: The word 'economy' comes from the Greek
Q50: The study of economics is concerned with:
A)keeping
Q51: The central concept of economics is:
A) finance
B)
Q52: Equity means that:
A)all members of society have
Q53: If the government redistributes income from the
Q55: If stricter regulations are used to reduce
Q56: Economics is defined as the study of:
A)politics
Q57: Which of the following resources is least
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