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1. Introduction to Macroeconomics
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Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
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Problem 12
Problem 13
Problem 14
1. Introduction to Macroeconomics
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1. Introduction to Macroeconomics / Productive and Allocative Efficiency / Problem 6
Problem 6
What is a potential downside of focusing solely on efficiency in economic policy-making?
A
It reduces the cost of production.
B
It maximizes the use of resources.
C
It ensures all consumer preferences are met.
D
It may lead to unequal distribution of resources.
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