In some economies, the government makes all economic decisions regarding how to deal with issues of scarcity. What type of resource allocation strategy is this?

A. majority rule

B. authority

C. contest

D. lottery

Jennifer is a serious student who works on schoolwork each evening. She has a roommate who likes to party and frequently hosts noisy get-togethers in their shared apartment without warning.

Assume that product Alpha and product Beta are both priced at $1 per unit and that Ellie has $20 to spend on Alpha and Beta. She buys 8 units of Alpha and 12 units of Beta.

You dream that you win $20 million in the state lottery. the next morning you find a $20 bill lying on the sidewalk.

The surgeon performed and accurately documented a procedure that is unfamiliar to the coder. She is having trouble locating an appropriate CPT code to accurately code the procedure.

Grandparents plan to open an account on their grandchild's birthday and contribute each month until she goes to college.

A manager may exercise reward power when determining the salary increases for her subordinates.

Nominal gdp is: question 31 options: a. the inflation-adjusted gdp. b. the constant-dollar gdp. c. the real gdp minus depreciation. d. the current-dollar gdp.

Not-for-profit organizations do not face any of the challenges that profit-seeking businesses do.

Which of the following is true about slings? Select the best option. Alloy steel chains are impervious to damage. Slings should be inspected before each use. Damaged slings should be removed from service at the end of the work day.

All of the following are considered input barriers to entry except: (A) control of a key raw material by a single firm. (B) the ability to obtain financing for capital projects at more favorable rates than potential competitors.