An alternative to patent protection might be
A) dollar prizes for innovation.
B) an appeal to altruism.
C) granting of citizenship for innovation.
D) forcing innovators to cede their innovations.
A
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As it is usually practiced, inflation targeting sets
a. a specific inflation rate for the central bank to target and prohibits it from deviating from the target even when some shock pushes inflation away from that number. b. a specific inflation rate for the central bank to target but allows it to deviate from the target when some shock pushes inflation away from that number. c. sets some range of inflation rates for the central bank to target and prohibits it from deviating from that range even when some shock pushes inflation outside the range. d. sets some range of inflation rates for the central bank to target but allows it to deviate from that range when some shock pushes inflation outside the range.
According to ________, the redistribution of income from the rich to the poor causes an increase in total utility because of the law of decreasing marginal utility.
A. distributional justice B. utilitarian justice C. the labor theory of value D. legal precedent