21
QuizMultiple Choice

Technology and Economics — Quiz

Question 21 • Personal Finance and Economics

The government of country A has determined there is a coal shortage based on mining reports. As a result of these data, the government decreases coal exports to other nations. Access to information helped country A

Answer
A
allocate resources.
B
increase sales.
C
purchase goods.
D
limit consumption.

Explanation

Mining reports gave the government information about the coal shortage. By reducing exports, it kept more coal available within the country, directing a scarce resource where it was needed. This is an example of using information to allocate resources, not to increase sales or purchase goods.

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