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- When MBsocial > MBprivate the unregulated free market will a) produce too much of the good or activity b) produce too little of the good or activity c) it cannot be determined with the information provided whether the free market will produce too much or too littleIn 2009 the Organization for Economic Cooperation andDevelopment (OECD) conducted a study of 34 membercountries called the Programme for International StudentAssessment (PISA). The OECD looked at reading scores among 15-year-olds in each country as well as the stu-dents’ socioeconomic backgrounds. PISA reported that higher socioeconomic status was associated with higher reading scores, with their socioeconomic index explain-ing 14% of the variability in reading scores. (Source: Sahlberg, Pasi, “A Model Lesson: FinlandShows Us What Equal Opportunity Looks Like,”American Educator Spring 2012: 25.)Which of the following can be correctly concluded fromthis information?A) For every additional point in the mean reading scorein an OECD country, the PISA socioeconomic indexis expected to increase by 14% on average.B) For every additional one percent increase in the PISAsocioeconomic index, the mean reading score isexpected to increase by 14% on average.C) If the U.S. government wants to…wues 2
- Define briefly the following: a. Tax Reforms b. Statistics c. Dependency/Depemdemcy Theoryi need help , i keep getting it wrOing and this is my last chance mIcroeconmics question 8An 18-month-old child was admitted to the hospital after falling into a hot bath. Two weekslater, she was doing well and set to return home. Her mother noticed that the little girl askedfor a drink every time she saw one, and she often sucked on a wet washcloth. When thechild’s mother asked about this behavior, the nurses told her it was normal—they would notask a physician for permission to give the girl a drink. The nurses told the mother that herchild was doing well and that she should go home and get some sleep.When the mother returned early the next morning, she knew that something was verywrong with her child. The medical team was notified. They administered naloxone, a drugused to block the effects of opioids. They finally allowed the girl to have a drink, and she swallowed a liter of juice. The medical team determined that the girl should not be given anymore narcotics. They gave verbal orders.A nurse entered the girl’s room that afternoon with a syringe of methadone. The…