Question

Libertarians believe that in considering economic fairness, one should primarily consider the a. outcome of the...

Libertarians believe that in considering economic fairness, one should primarily consider the

a.

outcome of the system.

b.

maximin criterion.

c.

maximization total social utility.

d.

process by which outcomes arise.

Homework Answers

Answer #1

The answer is D-

process by which outcomes arise.

Libertarians believe that in considering economic fairness, one should primarily consider the process by which the outcomes arse

Economic Fairness- This means tackling discrimination and disadvantage, and reducing the inequality by narrowing the gaps between people. Meeting this objective requires us to acknowledge a number of instances of unfairness – from the employment gaps, pay gaps or lack of access to opportunities that certain groups experience,

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Scenario 1 The government is proposing switching from a progressive tax system, in which families pay...
Scenario 1 The government is proposing switching from a progressive tax system, in which families pay 15% of the first $40,000 earned, 30% of the next $40,000 earned, and 45% of any income over $80,000 to a tax system in which every family pays ¼ of its income regardless of how much they earn and all income redistribution is eliminated. That is, the tax revenue generated is used only for infrastructure, public administration, and national defense. 36. According to Scenario...
Free market economists Select one: a. believe that the Federal Reserve is the source of economic...
Free market economists Select one: a. believe that the Federal Reserve is the source of economic stability. b. believe in the fundamental stability of the economy. c. believe that government policy can create a stable economy. d. and Keynesians hold the same macroeconomic views.
All but one of the following are economic criteria to evaluate an engineering project. Which one...
All but one of the following are economic criteria to evaluate an engineering project. Which one is the non-economic criterion? A) maximum profit B) minimum cost C) minimum pollution D) maximum rate of return E) minimum payback period
53. Distributive fairness is more important than procedural fairness for downsizing survivors. a. True b. False...
53. Distributive fairness is more important than procedural fairness for downsizing survivors. a. True b. False 54. If the assumption of linearity does NOT hold, what needs to be used in linear programming to determine supply requirements? a. graphic programming techniques b. probabilistic programming techniques c. stochastic programming techniques d. quadratic programming techniques 55. According to your textbookbook, what is the relationship between job loss and social withdrawal? a. no relationship b. positive relationship c. inverse relationship d. negative relationship...
Q14 Which of the following is nottrue for a private company? Select one: a. It is...
Q14 Which of the following is nottrue for a private company? Select one: a. It is a common form of business structure for large-sized entities. Q24 The triple bottom line approach encourages a focus on which performance areas? Select one: a. Economic, environmental and sustainability b. Economic, social and environmental c. Social, environmental and sustainability d. Economic, social and sustainability b. The company name includes the words 'Pty Ltd'. c. It can have up to 50 shareholders. d. It is...
Most economic models 
a. incorporate the assumption of rational behavior on the part of economic actors....
Most economic models 
a. incorporate the assumption of rational behavior on the part of economic actors. b. incorporate the notion that people are usually reluctant to change their minds. c. are meant to precisely duplicate reality.
d. assume that people often make sub-optimal choices. 
 When economists assume that people are rational, they assume that a. consumers maximize profits.
b. firms maximize revenues.
c. consumers maximize utility. 
d. firms maximize output. 
 The basic theory of consumer behavior is based on which...
The proteins of the Complement system are found primarily in which of the following (select one)?...
The proteins of the Complement system are found primarily in which of the following (select one)? a. White Blood cells, b. Platelets, c. Extracellular Matrix, d. Red Blood Cells, e. Plasma C3 effects which pathway? Ficolin effects which pathway? C1 effects which pathway? C5 effects which pathway? C4b2a effects which pathway? Factor B effects which pathway? Choices a. All Three Pathways b. Lectin Pathway c. Alternative pathway d. Classical Pathway e. Classical and Lectin
20-9. Consider the movements that take place from one point to the next (A to B...
20-9. Consider the movements that take place from one point to the next (A to B to C and so on) along the total utility curve at the next column as the individual successively increases consumption by one more unit, and answer the questions that follow. A.Which one-unit increase in consumption from one point to the next along the total utility curve generates the highest marginal utility? B. Which one-unit increase in consumption from one point to the next along...
1.) Which of the following should be the basis of the nurse in considering that a...
1.) Which of the following should be the basis of the nurse in considering that a problem is easily modifiable? CHOICES: A. Exposure of high risk member of the family B. Physical appearance of the head of the family C. Progress of the disease D. Health 2.) All of the following pertains to the characteristics of objectives, except: CHOICES: A. Specify the quality of doing the health intervention B. The client already participates on activities set by the nurse C....
34. What variable should be blamed for the presence of illegal immigrants' economic activity? globalization economic...
34. What variable should be blamed for the presence of illegal immigrants' economic activity? globalization economic interdependencies the economic structure Question 35 Which of the following is a financial consequence of insurance fraud? Unemployment Inflation Shortage of resources All of the above Question 36 Historically, identity theft occurred due to financial and economic hardship better communications lack of safeguards all of the above Question 37 The hawala payment system is trust between entities transfer between entities an informal value transfer...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT