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Productive and Allocative Efficiency
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Productive and Allocative Efficiency
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1. Introduction to Macroeconomics / Productive and Allocative Efficiency / Problem 3
Problem 3
In a community that values education highly, what would be an allocatively efficient use of resources?
A
Investing more in schools and educational materials.
B
Investing more in entertainment facilities.
C
Investing equally in all sectors.
D
Investing more in luxury goods.
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