--%>

Example of Normative Economic Goals

Please help me to solve the problem of Normative Economic Goals that is given below:

Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living. (ii) universal health insurance. (iii) purely democratic governments. (iv) free public education. (v) the right to freely sell or buy whatever they independently want.

Can someone help me to solve out this problem.

   Related Questions in Public Economics

  • Q : Existence problem regarding each and

    Can anybody suggest me the proper explanation for existence problem regarding every society. Every society should answer questions regarding “How?, for Whom? and What?” due to the exist

  • Q : Who thought Murderers do more harm than

    Murderers do more harm than shoplifters; therefore they must be punished proportionally more harshly as per the school of thought developed through: (i) medieval scholar Thomas Aquinas. (ii) Chinese leader Mao Zedong. (iii) lawyer and social reformer Jeremy Bentham. (

  • Q : Defining the term Money in Economic I

    I need a good answer on the topic of Economic problems. Please give me your suggestion that how is defining Money a form of: (i) basic economic resource. (ii) the capital stock., (iii) financial capital. and (iv) precious metal.

    Q : Explain about the positive technical

    Positive technical statements: (w) need value judgments. (x) should be valid by definition. (y) can be proved and tested or disproved by fact and logic. (z) are the excellent guides in specifying economic policies.

  • Q : Define decisionsmaking on opportunity

    Decisions based upon opportunity costs are not concerned in a direct way whiles: (i) you fail to buckle up before driving a car. (ii) a brilliant high school graduate works like a rapid food cook in place of attending college. (iii) lightning starts a main forest fire

  • Q : Society resources-output combinations

    The country’s production-possibilities curve exhibits: (i) Which combination of goods are best for the society. (ii) Output combinations which fully employ society's resources. (iii) Demands for various resources. (iv) Monetary quantities and pr

  • Q : Firm-production similar to output with

    When a firm could produce at least similar output with less of one resource and no additional of any other, mix of resources of the firm is technologically: (w) and economically efficient. (x) efficient, but economically inefficient. (y) inefficient, but economically

  • Q : Esurience of economy-wide efficiency

    For a specified distribution of income, economy-wide efficiency would make sure a: (i) Redistribution to make equal income. (ii) Minimal level of pollution. (iii) Maximum level of particular identity. (iv) Maximum value for whole production.

  • Q : Define the positive economics Please

    Please guys help me to solve out this problem that positive economics, which: (w) is accepted like true through all economists. (x) is less technical than normative economics. (y) involves statements which, when false, could be proven false. (z) addre

  • Q : Requirements of each and every economic

    In contrast to free goods, each and every economic goods: (1) Raise happiness. (2) Are taxed. (3) Need large amounts of human labor to generate. (4) Entail opportunity costs? Please help me to solve the problem of