Question 5 (1 point) D Which policy is MOST likely to contribute to improved sta

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Question 5 (1 point) D Which policy is MOST likely to contribute to improved standards of living over time? a) adding after-school art and music programs to promote creativity b) addressing teacher shortages by closing schools and busing students to other schools c) reducing the years that drug patents are valid to speed up production of generic versions d)y allowing individuals the freedom to circumvent laws due to personal objections to them Save Question 6 (1 point) - A market economy is also known as ia economy, and decisions are made by a socialist prvate individuals ef

Explanation / Answer

Right Answer is (C)

Patented drugs are very costly. Hence, one has to pay hefty amount on medicines. These are inaccessible to poor people. Hence, When number of years of patent is reduced, such medicines would be made by other firms and prices of these essential medicines are likely to fall. These will help to cure diseases and ailments. Productivities would rise and so the standard of living as well.

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