The Symmetry Principle Is Based on

question 85

Multiple Choice

The symmetry principle is based on

• A)the idea that income should be redistributed from the rich to the poor.
• B)the idea that people in similar situations should be treated similarly.
• C)the fact that taxes create a deadweight loss.
• D)the idea that markets operate fairly.
• E)the idea that there is symmetry between buyers and sellers in a market.

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Definitions:

Framing

The way an issue is posed; how an issue is worded can significantly affect decisions and judgments.

Winter Coat

A piece of outerwear designed to keep the body warm during cold weather conditions.

Framing

The way information is presented to influence perception and choices.

Importance

The state or fact of being of great significance or value.