Which of the Following Statements Is True of the Libertarian

question 31

Multiple Choice

Which of the following statements is true of the libertarian social ethics theory?

• A) Libertarians stress market outcomes as the basis for distributing society's rewards.
• B) Libertarians encourage social control over all people in order to design an equitable society.
• C) Libertarians believe it is just for society to take wealth earned by some citizens and distribute it to those who did not directly earn it.
• D) The fact that some people end up with fortunes while others are poor proves only that absolute power corrupts absolutely.

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Definitions:

Durbin-Watson Statistic

A test statistic used to detect the presence of autocorrelation in the residuals from a linear regression analysis.

Multiple Regression Model

A predictive method in statistics that uses a range of explanatory variables to estimate the result of a dependent variable.

Independent Variables

Variables in an experiment or statistical model that are manipulated or categorized to determine their effect on dependent variables without being affected by any other variable in the model.

Homoscedasticity

A term in statistics describing a situation where all random variables across a dataset have the same finite variance.