A fundamental and important ethical aspect of markets is that they
A) equalize incomes
B) promote a very homogenous set of goods/services
C) rely on voluntary exchange
D) eliminate undesirable outcomes
Ans: C) rely on voluntary exchange
You might also like to view...
In the Heckscher-Ohlin model, what assumption is made about opportunity costs?
What will be an ideal response?
Explain why on average the profit levels for invention and entrepreneurship are generally so low
Causes of the decline in the U.S. men's labor-force participation rate over the past several decades include young men now staying in school longer than their fathers and grandfathers did, older men now retiring earlier and living longer, and more fathers now staying at home to raise their children
a. True b. False Indicate whether the statement is true or false
___________________: it summarizes the conclusions of the appraisal. The majority of the data and techniques are kept in the appraiser's work file.
Fill in the blank(s) with the appropriate word(s).