The correct option is C.
Efficiency involves using the lowest amount of input to produce maximum outputs by guarding against all forms of wastage. An economy that becomes more efficient will be able to increase the amount of wealth that is available in the country. This is because all the resources that were previously been wasted are now been put into good use which yield money.
Answer:
I would say C
Explanation:
1) you want to include everyone in a public good/service however if you are planning to exclude non payers then that is not public anymore as public is open to everyone, regardless of ability to pay.
Hope this helps!
Based on the classification of babies by their attributes, Juanita can be classified an <u>easy child.</u>
<h3>Who is an easy child?</h3>
- They are usually smiling and in the mood to learn something new.
- They don't mind sticking to routines.
Juanita sticks to her routines and enjoys learning new things. She also wakes up smiling. She is therefore an easy child unlike a slow-to-warm child who doesn't learn things as fast.
Find out more on temperament at brainly.com/question/6683393.
Answer: Friedrich Hayek’s work The Road to Serfdom argued that centralized Economic Planning ultimately threatened liberty. Conservatives used this book to justify a reduced role for the state in the economy, by equating fascism and socialism with the New Deal.
Explanation: Frederick Hayek in his book <em>The Road to Serfdom</em>, published in 1944, criticized government involvement in the market seeing it as a system that leads to loss of individual freedom.
Centralized Economic planning is key to socialism as a method to ensure equality, but Hayek argued that central planning forces the will of a few people on the public. This is not socialism but dictatorship.
Conservatives, who favored a reduced government role in economic planning quoted this book and equated the New deal with fascism. The New Deal was a program designed by President Franklin D. Roosevelt to revive the economy after the Great Depression.
