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Monica [59]
3 years ago
14

In Cuba, a lottery system effectively decides who gets to purchase a car. Why would someone favor a lottery system over a price

system in obtaining a desired item, such as cars?
A) Everyone has a chance to purchase the car since everyone can work for one.
B) Everyone eventually stops working to qualify for goods and services under the lottery system
C) Everyone has an equal chance of having their name drawn instead of only those who can afford the car.
D) Everyone has an equal chance of affording a car instead of waiting on a lottery system for drawing the name.
Business
2 answers:
Sunny_sXe [5.5K]3 years ago
8 0

the answer is: C) Everyone has an equal chance of having their name drawn instead of only those who can afford the car.

Under lottery system, the right to own a car could only be obtained based on pure luck.

This system indeed provide the people with 'equal chance' to obtain the car, but the chance to obtain it is very low to begin with.

United states have 'unequal chance' to obtain a car but the chance to obtain a car  it is extremely high. So 'equality' to obtain in Cuba is not necessarily a good thing.

ArbitrLikvidat [17]3 years ago
7 0
Answer: C


I hope this helps and have a wonderful day!!
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now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to th
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now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to the short run economic impact of the higher oil prices <u>The output will be $billion and the price level will increase.</u>

<h3>What is accommodative policy?</h3>

When a central bank (like the Federal Reserve) tries to increase the general money supply to support the economy when growth is stalling, this is known as accommodating monetary policy, often known as loose credit or easy monetary policy (as measured by GDP). The goal of the policy is to allow the money supply to increase in step with both the demand for money and national revenue.

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i = 0.05

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