--%>
Assignment Help - homework help

Perceptions about equity and need

Government often bases decisions regarding distributions of income and output on: (i) unemployment and Inflation. (ii) Positive economic theories. (iii) Perceptions regarding equity and need. (iv) Market demands and supplies.

Can someone please help me in finding out the right answer from the above options.

   Related Questions in Public Economics

  • Q : Explain the normative economic analysis

    Normative economic analysis: (w) involves only non-quantitative measures. (x) gives precise predictions of economic effects. (y) emphasizes a social science approach to problems. (z) is based upon value judgments.

  • Q : Problem regarding costs of buying

    Please recommend me your best answer for given problem. While buying a $70 shirt at Banana Republic maintains you from enjoying the pleasure of a $70 meal at a huge restaurant: (i) Opportunity costs are at play. (ii) You are not be

    		•
  • Q : Quantity theory of money David Hume and

    David Hume and John Locke summarized an early version of: (1) the circular flow of income. (2) the permanent income hypothesis. (3) the quantity theory of money. (4) the marginal disutility of poverty. (5) the backward-bending supply

    		•
  • Q : People thinking about invisible hand of

    Adam Smith’s “invisible hand” consider as to a process through which people think: (w) trying to serve their own interests also exploit social well being. (x) rely upon democratic governments to make main economic decisions. (y) base

    		•
  • Q : Economic questions incapability of

    Economic questions incapable of scientific verification like to correctness or falsity, as like why, how and when to prosecute and execute alleged murderers, or to whom income must be again distributed, fall in the category of: (1) positive economics.

    		•
  • Q : Why is a wristwatch a model of the

    A wristwatch is a model of the passage of time since it gives a: (w) simple representation of a complex process. (x) good illustration of modern technology. (y) way to coordinate human activity. (z) unique statement of one's personality.

    Q : Weather ruins crop-equilibrium

    When the soybean market is firstly in equilibrium on S0D0 and in that case severe weather ruins much of the crop, then the market moves to: (1) S1D0. (2) S1D2. (3) S2D0<

    		•
  • Q : Unregulated market competition in

    Adam Smith’s well-known reference to an “invisible hand” implies that: (w) unregulated market competition improves economic welfare. (x) government must closely regulate monopolies. (y) pure competition is a divinely motivated market

    		•
  • Q : Explain about the normative economics

    Please suggest me how to solve the problem of normative economics that is given below: Normative economics is: (w) a description of how the economy works. (x) based upon empirical studies. (y) concerned along with

    		•
  • Q : When scientific economic analysis NOT

    Please help me to solve the problem of Normative Economics that is specified below: Scientific economic analysis could NOT be utilized for test if there: (i) higher tax rates cause tax revenues to decrease. (ii) on

    		•