In Stating That All Human Beings Are Born Free and Equal

question 149

Multiple Choice

In stating that all human beings are born free and equal in dignity and rights and that they are endowed with reason and conscience and should act towards one another in a spirit of brotherhood,Article 1 of the Universal Declaration of Human Rights echoes:

• A) the Friedman doctrine.
• B) naive immoralism.
• C) cultural relativism.
• D) Kantian ethics.
• E) teleological theory.

Discuss the role of government intervention in addressing externalities and achieving social optimum.

Explain the difference between marginal social benefit (MSB) and marginal social cost (MSC).

Analyze scenarios to determine socially optimal levels of public goods and externalities.

Describe the concept of a Pigouvian subsidy and its application for external benefits.

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Definitions:

Target Dependence

Target dependence describes a situation or condition where outcomes or processes are heavily reliant on specific goals or objectives for their direction and meaning.

Coercive Power

The power to force someone to do something against their will by using threats, punishment, or other forms of pressure.

Dynamic Variable

A concept or element that can change over time or in response to varying conditions within a given system.

Personal Power

The influence or authority a person possesses inherently, often derived from their expertise, skills, or personal characteristics rather than their formal position.