Examlex

Solved

Solange Wanted to See How Many People It Would Take

question 4

Multiple Choice

Solange wanted to see how many people it would take to hand-deliver a package from Vancouver,British Columbia,to her aunt in St.John's,Newfoundland.On average,how many people's hands would the package have to go through for the package to reach her aunt?


Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Saving

The process of setting aside a portion of current income for future use, either by depositing money in a bank or purchasing financial instruments.

Benefits-Received Principle

A theory of fairness holding that taxpayers should contribute to government (in the form of taxes) in proportion to the benefits they receive from public expenditures.

Public Goods

Items whose consumption is not depleted by an additional consumer and from which individuals cannot be excluded from using.

Related Questions