"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