Which philosopher claimed that the government should aim to maximize the well-being of the worst-off person in society?
John Rawls
You might also like to view...
During World War II the United States' economy grew by about ________ percent a year.
A. 5 B. 10 C. 15 D. 20
In the graph for the consumption function, the 45-degree line
A) contains only a consumption component.
B) represents both planned consumption and planned investment.
C) shows various combinations where planned consumption equals real disposable income.
D) reflects a decreasing APC as real disposable income rises.
Costs that accrue to the total population are called ____ costs. Costs incurred by the producer or consumer who makes the decision are called ____ costs
a. negative; positive b. social; private c. private; social d. positive; negative
Which of the following is equivalent to the natural rate of unemployment?
A. An unemployment rate of zero percent B. The nonaccelerating inflation rate of unemployment C. The rate of cyclical unemployment D. The underemployment rate