Allocation Methods
14 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is an example of allocation by personal characteristic?

  • Determining a Powerball winner
  • Choosing Vietnam War draftees (correct)
  • Drawing cards for shelter beds
  • Selecting a raffle or door-prize winner

What is the main goal of sporting events?

  • To promote physical fitness
  • To encourage teamwork
  • To entertain the audience
  • To determine a winner of the event (correct)

Which method of allocation is based on performance?

  • Choosing Vietnam War draftees
  • Scholarships (correct)
  • Drawing cards for shelter beds
  • Determining a Powerball winner

Which of the following is an example of the allocation method 'First Come, First Served'?

<p>Distributing goods in the former Soviet Union (A)</p> Signup and view all the answers

Which of the following is NOT a benefit of having different allocation methods?

<p>Competition (B)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Fiat (Authority)'?

<p>Selection of congressmen (C)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Voting'?

<p>Allocating public resources by Congress (B)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Random Draw'?

<p>Selecting a raffle or door-prize winner (C)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Personal Characteristic'?

<p>Allocating government benefits based on need (A)</p> Signup and view all the answers

What is the main goal of allocation in sporting events?

<p>To determine a winner of the event (C)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Willingness and Ability to Pay'?

<p>Purchase of tickets to a popular concert (A)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'First Come, First Served'?

<p>Goods in the former Soviet Union (D)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Fiat (Authority)'?

<p>Use of resources by a dictator (D)</p> Signup and view all the answers

Which of the following is an example of an allocation method based on 'Voting'?

<p>Selection of congressmen (A)</p> Signup and view all the answers

More Like This

Memory Allocation Methods Quiz
12 questions
Cost Allocation Methods Quiz
30 questions

Cost Allocation Methods Quiz

BestPerformingPlatypus avatar
BestPerformingPlatypus
DHCP Allocation Methods
5 questions
Use Quizgecko on...
Browser
Browser