Because people respond to incentives,a. policymakers can alter outcomes by changingpunishments or rewards.b. policies can have unintended consequences.c. society faces a trade-off between efficiency andequality.d. All of the above.

33. Opportunity cost is the next best alternative and includes the use of money, time, or resources a person sacrifice, to make his final choice. True or False 34. Which of the following helps economists evaluate alternatives by looking at each choice? a. Consumer price index b. Stock market report c. Cost benefit analysis d. Analysis

5. How are the WHAT, HOW, FOR WHOM questions answered in a command economy? 6. How are the WHAT, HOW, FOR WHOM questions answered in a market economy? 7. What do people give up in a command economy? 8. How are roles defined in a traditional economy?

Ronald Reagan was elected as governor because of his views on a. tax relief. b. anti-intellectualism concerning college activism. c. law and order. d. All of the above.

Which of the following is not characteristic of capitalist thought?a. Private individuals have a right to pursue private gain.b. Society will benefit from attempts to make a profit.c. The state must make an active attempt to control the economy.d. Individuals pursuing a profit must be willing to risk losing money.

I need some assistance with this question, thanks.

Utilitarian value is an end in and of itself rather than a means to an end. a.  True b.  False

Which Malthus did not agree with? Select one: a. Amendment of Poor Laws. b. Retain of Corn Laws. c. Moral restraint. d. War

Discuss how race, citizenship, and gender intersect with economics and those intersections affect people’s lives. What problems do you notice?

Solve the attahment.