A Rawlsian Social Welfare Function Implies Which of the Following

question 17

Multiple Choice

A Rawlsian social welfare function implies which of the following?

• A) The well-being of the worst-off member is maximized.
• B) The sum of individual utilities is maximized.
• C) The marginal utility of everyone in society is equal.
• D) No redistribution should occur.

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Definitions:

EVLN Model

Stands for Exit, Voice, Loyalty, and Neglect, which are four strategies employees may use in response to job dissatisfaction.

Active/Passive

Describes an individual's general approach towards life; active individuals tend to initiate actions and influence their environment, while passive individuals tend to be more reactive and less inclined to seek change.

EVLN Model

A framework describing four different responses individuals can have to dissatisfaction in organizational settings, which include Exit, Voice, Loyalty, and Neglect.

Active

Engaged in action; being in a state of movement, function, or operation.