"Equality of opportunities is more important than equality of incomes.". This statement would be most likely attributed to which political philosophy?

a. utilitarianism
b. liberalism
c. libertarianism
d. welfarism


c

Economics

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In 2008, the wealth of U.S. households fell by ________

A) $11 million B) $11 billion C) $11 trillion D) $11 gajillion

Economics

A corporation is the most preferable type of firm if the investor wants to limit liability.

Answer the following statement true (T) or false (F)

Economics

A union can always get the wage rate it demands from a monopsonist, but not from a perfectly competitive employer

Indicate whether the statement is true or false

Economics

If real income rises from $5 trillion to $5.3 trillion while the price level increases by 10 percent, it follows that nominal income:

A. rises by 6 percent. B. rises by 16 percent. C. rises by 10 percent. D. doesn't change.

Economics