--%>

Random Selection-Allocative Mechanisms

I have a problem in economics on Random Selection-Allocative Mechanisms. Please help me in the following question. Choosing military draftees by lottery entails an allocative method of: (i) Egalitarianism. (ii) Arbitrary selection. (iii) Brute force. (iv) Queuing.

Select the accurate answer.

   Related Questions in Econometrics

  • Q : Problem regarding opportunity cost In a

    In a completely employed economy, the reduction in an output for one good which is needed to raise the output of another good: (1) Symbolizes an opportunity cost. (2) Makes society inferior off than before. (3) Enhances economic welfare. (4) Needs tec

  • Q : Law of comparative advantage Can

    Can someone please help me in determining the right answer from the following question. The law of comparative benefit exhibits: (a) Why trade with a country in which salaries are low is not fair. (b) How countries try to use each other via trade. (c)

  • Q : Population groups-Growth and Development

    The normative propositions of economic growth are most significant if its advantages and costs are: (i) Similar with present income distributions. (ii) Distributed evenly among different population groups. (iii) Distributed unevenly among different po

  • Q : Graphical illustration of Production

    I have a problem in economics on Graphical illustration of Production Possibilities Frontiers. Please help me in the following question. The production possibility frontier graphically elucidates the: (1) actual rate of the growth of an economy. (2) P

  • Q : Private property and laissez-faire

    Can someone help me in finding out the accurate answer from the following options. The pure capitalism is characterized through: (1) Private property and laissez-faire govt. policies. (2) Business monopolies balanced by the strong labor unions. (3) De

  • Q : Problem on suppliers or entrepreneurs

    The fundamental issue of how production will be systematized in a market economy is most directly and instantly recognized by: (i) Govt. officials. (ii) Economic fore-casters. (iii) Suppliers or entrepreneurs. (iv) Worker committees. (v) Consumers.

    Q : Expansion of the ability to produce

    Decreasing consumer goods output to generate more capital goods this year will outcome: (i) Slower growth of economy's future prolific capacity. (ii) Rapid expansion of the capability to produce in the future. (iii) No consequence on the future capaci

  • Q : Declines in unemployment rates I have a

    I have a problem in economics on Declines in unemployment rates. Please help me in the following question. The Production possibilities frontiers wouldn’t expand outward in response to: (1) Enhanced technology. (2) Expanded investment and saving. (3) Declines in

  • Q : Maximum output in absence of

    In the nonattendance of diminishing returns, the maximum output of food from the flower pot (or land) and limitless amounts of other resources would be sufficient to feed: (1) The grasshopper. (2) One skinny family. (3) One mouse. (4) All of the world.

    Q : Problem on Converging Systems I have a

    I have a problem in economics on Converging Systems. Please help me in the following question. The United States free market system: (1) Is a purely laissez-faire system. (2) Consists of complete and well stated property rights. (3) Has been largely u