Author Question: Using the above figure and the Pareto criteria to determine the public interest, would a move from ... (Read 139 times)

Frost2351 · **on:** Jul 1, 2018

Using the above figure and the Pareto criteria to determine the public interest, would a move from point A to point C be in the public interest?

a. yes
b. no
c. possible, depending upon other factors
d. cannot say using the Pareto criteria

Question 2

Which of the following are reasons to consider the protective role of the state in an economic framework?

a. The protection of rights is necessary for a functioning economy.
b. The protection of rights comprises a large portion of the government spending.
c. The protection of rights is necessary for international trade.
d. Both a and

b.
d. Both a and
c.