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Author Question: Assume the Nozick rules are being followed in the economy so that the distribution of income is ... (Read 63 times)

ahriuashd

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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
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Marked as best answer by ahriuashd on May 24, 2019

amit

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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.
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ahriuashd

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

Jossy

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Reply 3 on: Yesterday
Excellent

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