?
Categories
Account

If a government decides to allocate more resources to education rather than heal

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: If a government decides to allocate more resources to education rather than healthcare, which of the following best describes this decision?

Options:

  1. A trade-off.
  2. An investment.
  3. A misallocation.
  4. A balanced approach.

Correct Answer: A trade-off.

Solution:

The decision to allocate more resources to one sector over another represents a trade-off, making option 0 the correct choice.

If a government decides to allocate more resources to education rather than heal

Practice Questions

Q1
If a government decides to allocate more resources to education rather than healthcare, which of the following best describes this decision?
  1. A trade-off.
  2. An investment.
  3. A misallocation.
  4. A balanced approach.

Questions & Step-by-Step Solutions

If a government decides to allocate more resources to education rather than healthcare, which of the following best describes this decision?
  • Step 1: Understand that a government has limited resources, like money and time.
  • Step 2: Recognize that when the government chooses to spend more on education, it has less to spend on healthcare.
  • Step 3: Realize that choosing one area over another is called a trade-off.
  • Step 4: Conclude that the decision to allocate more resources to education instead of healthcare is a trade-off.
  • Trade-off – A trade-off occurs when a decision is made to allocate resources to one area at the expense of another, highlighting the opportunity cost involved.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks