Robert Nozick Asserts That Fairness and Efficiency Result If

question 239

Multiple Choice

Robert Nozick asserts that fairness and efficiency result if

• A) there are price ceilings in the market.
• B) there are external benefits and external costs in the market.
• C) voluntary exchange occurs.
• D) public goods are provided by government.

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Definitions:

Franciscans

A religious order within the Catholic Church founded by Saint Francis of Assisi, known for its emphasis on simplicity, poverty, and helping the needy.

Dominicans

A Roman Catholic religious order founded by Saint Dominic in the early 13th century, known for their preaching and teaching.

Pulpit

A raised platform in a church or mosque on which a priest or imam stands while leading the religious service.

Baptistery

A part of a church or a separate building used for the Christian rite of baptism.