Examlex

Solved

In Which of the Following Situations Would a Unitary System

question 61

Multiple Choice

In which of the following situations would a unitary system be more favourable than a federal system?

Distinguish between different methods of reproduction and their societal impacts.
Analyze the influence of social policies on family life, particularly concerning child care and abortion laws.
Appreciate the historical context of marriage motivations and practices.
Understand the impact of family composition on individuals’ well-being and societal perceptions.

Definitions:

Market Failure

A situation in which the allocation of goods and services by a free market is not efficient, often leading to a net social welfare loss.

Allocated Efficiently

Refers to the optimal distribution of resources and goods in a way that maximizes the welfare or utility of consumers.

External Costs

Expenses that a business or economic activity imposes on unrelated third parties or the environment, which are not reflected in market prices.

External Benefits

External Benefits are positive effects of a production or consumption activity on third parties who did not directly participate in the economic transaction.

Related Questions