Do you have the actual questions?
Answer:
the trade-offs they creates.
Explanation:
Trade-off is the opportunity cost of taking a particular decision
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
For example, if there is a worker who values an hour of leisure at $10 and he is paid $20 per hour. If he has to choose between leisure and working. He would choose to work because the opportunity cost of not working (10) is lower when compared to the opportunity cost of leisure ($20)
I really dont know but you can look it up on quizlet
The correct answer to this question is B
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Answer:
1. Because poor people are <u>less</u> likely to have adequate healthcare, guaranteeing everyone in society the best healthcare would likely <u>increase</u> equality.
2. Paying laid-off workers unemployment benefits until they find a new job will likely <u>increase</u> equality and <u>decrease</u> efficiency.
3. d. People may over consume healthcare and reduce their effort when searching for a job
Even though guaranteeing the poor adequate healthcare will work to increase equality, it will lead to a situation where healthcare might be overconsumed as too many people will be going to seek medical services because they can now afford it.
If people get unemployment benefits, their immediate needs will be taken care of and they will probably see less of a need to go out and search for a job as a result.
