A theory of distributional justice that concludes that the social contract emerging from the original position would call for an income distribution that would maximize the well-being of the worst-off member of society is known as
A. relative justice.
B. maxi-min justice.
C. utilitarian justice.
D. Rawlsian justice.
Answer: D
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The government wants to increase its spending by $1 billion to stimulate the economy and is counting on the government spending multiplier to hel
A) constructing more low income housing B) a new cruise missile for the military C) expanding the school lunch program D) providing textbooks for college students
What is viewed in the private sector as competition in the public sector is treated as _____
a. duplication b. destruction c. fighting d. economic warfare
Inland passage times were reduced primarily through
a. increasing the speeds of the boats themselves. b. shorter layover times. c. the government activity to clear the rivers of natural obstructions. d. learning to operate the boats at night.
The U.S. money supply
A. does not grow from year to year. B. grows by about three percent from year to year. C. grows by about six percent from year to year. D. grows by varying amounts from year to year.