Nozick Argues That Theories of Distributive Justice All Share the Same

question 58

Multiple Choice

Nozick argues that theories of distributive justice all share the same problem, which is:

• A) There is no person or group with the right to control how resources should be distributed.
• B) The theories are created behind a veil of ignorance.
• C) The theories are too abstract and impractical.
• D) The theories encourage the exploitation of workers.
• E) Distribution of resources is not a problem of justice.

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Definitions:

Coupon Payment

The interest payment made to bondholders, typically semiannually, as a return on investment.

Coupon Bond

A bond that makes regular interest payments to its holders, named after the detachable coupons once used for interest payments.

Real Risk Free Rate

The rate of return on an investment with no risk of financial loss, after adjusting for inflation.

Inflation Premium

The additional interest rate that lenders charge borrowers to compensate for the loss of purchasing power due to inflation.