Which of the following pholitical philosophies would support redistribution of income that makes society fully egalitarian?

a. Liberals, because they believe in the maximin criterion.
b. Libertarians, because they believe in evaluating the process by which economic outcomes arise.
c. Utilitarians, because they believe in diminishing marginal utility.
d. None of the above would support completely egalitarian redistribution of income.

d

Economics

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The GDP deflator is 100 times the ratio of ________

A) GDP to GNP B) GNP to GDP C) real GDP to nominal GDP D) nominal GDP to real GDP

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Which of the following is NOT associated with the new growth theory?

A) natural resources B) research C) technology D) innovation

Economics