Multiple Choice
The tragedy of commons relates to the idea that
A) central planning sets all production targets.
B) all wages, prices, and interest rates are controlled by government.
C) common owned resources tend to be overused.
D) central planning sets all distribution targets.
Correct Answer:
Verified
Correct Answer:
Verified
Q32: India is a democratic country with a
Q51: The vicious-circle-of-poverty hypothesis states that poor countries<br>A)
Q90: Throughout the developing world, _ is a
Q90: All of the following are factors that
Q91: In 2006, the largest population group (2.4
Q93: Within a fully employed, centrally planned economy
Q94: The term "Fourth World" is used to
Q96: The immediate and total deregulation of prices,
Q100: Collective ownership of resources leads to economic
Q131: An economy is not able to develop