7 Econ Goals: Conflict vs Complements

Front

If Congress abolished (got rid of) Social Security, what goals would be gained and lost as a result? Gained: Freedom Lost: Security

Back

Gained: Freedom; Lost: Security

Front

What goal was gained and what goal was lost as a result of President Roosevelt's seven-point plan to control inflation during World War II? Options: Gain: Price stability, Lost: Freedom; Gain: Growth, Lost: Equity; Gain: Security, Lost: Price stability; Gain: Allocative efficiency, Lost: Full employment.

Back

Gain: Price stability
Lost: Freedom

Front

What goal would be gained and lost as a result of Hollister offering small businesses a $40,000 (of taxpayer money) to open a new store downtown? Gain: Growth Lost: Productive efficiency

Back

Gain: Growth; Lost: Productive efficiency

Front

What goal were gained and lost as a result of the establishment of the War Production Board in January 1942? Gain: Growth Lost: Allocative efficiency

Back

Gain: Growth; Lost: Allocative efficiency