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</p> Signup and view all the answers

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

    <p>Competition</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</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</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</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</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</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</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</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</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</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser