Which of the Following Is NOT an Argument of the Neoliberal

question 5

Multiple Choice

Which of the following is NOT an argument of the neoliberal perspective?

• A)There should be a strong framework of property rights.
• B)Free trade is desirable.
• C)The state should allow privatization or open market involvement in the areas of education,water,and health care.
• D)The state should be involved in regulating the market by enacting laws on pollution,land use,and working conditions.

---

Definitions:

Willing To Sell

The readiness or openness of a seller to part with goods or assets at a certain price.

Utility-Maximizing

Refers to the economic principle that individuals or firms aim to achieve the highest satisfaction or benefit from their resources and choices under certain constraints.

Behavioral Economics

The study of psychological, social, cognitive, and emotional factors on the economic decisions of individuals and institutions and how those decisions vary from those implied by classical theory.

Basic Economic Theory

Refers to the foundational concepts and principles that explain how individuals, firms, and governments make decisions on allocating scarce resources to satisfy unlimited wants.