When maximizing economic growth is a country's goal it:
A. may work in opposition to the country's happiness in terms of satisfaction gained from leisure.
B. increases the correlation to the country's happiness, because more money makes people happier.
C. creates a perfect correlation to happiness, if the money is allocated fairly.
D. everyone in the economy will be better off if it obtains its goal.
A. may work in opposition to the country's happiness in terms of satisfaction gained from leisure.
You might also like to view...
Who would benefit the most from getting rid of restrictions like patents to enter markets?
A. Producers B. Government C. Consumers D. All of the above would benefit equally
A government protection for an inventor that provides the inventor with the right to make use of her invention in any way she desires is
A) a trademark. B) an innovation. C) a patent. D) a copyright.
The financial market events of September and October 2008 ________
A) sparked a sharp widening of the credit spread B) signalled the success of the policy response to the financial crisis C) reduced some of the uncertainty that had paralyzed financial markets D) resulted from the federal funds rate having fallen below zero
A process of _____ among candidates in a representative democracy leads to the outcome preferred by the median voter
a. cheating b. political competition c. bargaining d. log-rolling