Define a Pareto optimal move. Discuss the limitations of this concept.
What will be an ideal response?
Pareto optimal moves make at least one person better off without harming anyone else. Few opportunities exist in the real world that provide benefits to some without disadvantaging other. Most policy choices involve making choices that may benefit some but at the same time will make others worse off.
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Hernando de Soto estimated in 2000 that there was how much Dead Capital in LDCs?
a. US$2 billion b. US$14 billion c. US$9 trillion d. US$3 trillion
A researcher is doing a study on type of high school attended and grades in college. To show the central tendency of college grades the researcher would use a
A) Mean. B) Mode. C) Variance. D) Standard deviation.
The “Connecticut Compromise” had to do with
a. how slaves would be counted for purposes of determining the number of seats each state would have in the House. b. the decision to give each state an equal number of seats in the Senate. c. the decision to add the Bill of Rights to the Constitution. d. the decision to add an independently elected President to the governmental system.
The United States strongly supported the shah's rise to power in Iran through CIA-sponsored dissident activity
Indicate whether this statement is true or false.