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:

Id

Within the framework of psychoanalytic theory, it refers to the segment of the mind responsible for generating innate impulses and urging the instant gratification of basic desires.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often accompanied by physical sensations such as increased heart rate.

Unconscious Mind

The part of the mind that is beyond consciousness, harboring thoughts, memories, and desires that are not immediately accessible but influence behavior.

Superego

The part of the personality in Freudian psychoanalysis that represents internalized ideals and provides standards for judgment.