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Homework answers / question archive / According to economist Donald Boudreaux, the world’s tens of billions of individual resources get arranged productively: A
According to economist Donald Boudreaux, the world’s tens of billions of
individual resources get arranged productively:
A.
because government has become highly effective at central
planning.
B.
because private property encourages people to consider the
alternative uses of their resources and select those that provide the most
rewards.
C.
because people tend to be creative and orderly.
D.
through random trial and error.
108.
(Last Word)
According to economist Donald Boudreaux:
A.
private property eliminates the possibility that resource
arrangements will be random.
B.
the market system threatens to do irreparable harm to the
world’s ecosystem.
C.
arranging resources under the market system is much like
shuffling a deck of cards.
D.
the market system works wondrously for advanced industrial
nations but not for developing nations.