This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Assume the Nozick rules are being followed in the economy so that the distribution of income is ... (Read 16 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: May 24, 2019
Assume the Nozick rules are being followed in the economy so that the distribution of income is fair. What must be true for this to create an efficient allocation of resources?
◦ All people are earning equal incomes.
◦ There are no public goods, monopolies, high transactions costs, or external costs and benefits.
◦ The costs of administering redistribution equals the benefits the poor receive.
◦ The government must redistribute income in a fashion that minimizes the "big tradeoff."
◦ The government must allocate resources using a command mechanism.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ahriuashd on May 24, 2019

amit

  • Sr. Member
  • ****
  • Posts: 364
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: May 24, 2019
Great answer, keep it coming :)

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Rules for Alphabetic Filing Rules for Alphabetic Filing
Breaking the Rules Breaking the Rules
Distribution of Modern Day Oceanic Plateaus and Fragments Distribution of Modern Day Oceanic Plateaus and Fragments
Japanese cultural Display Rules Japanese cultural Display Rules
Trimodal distribution of trauma deaths Trimodal distribution of trauma deaths
An archaeological sample contains 0.700 g of lead-206 and 2.144 g of uranium-238. Assume that ... An archaeological sample contains 0.700 g of lead-206 and 2.144 g of uranium-238. Assume that ...
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library