When Something Is Divided Between Two People According to the Worth

question 40

Multiple Choice

When something is divided between two people according to the worth and inputs of the two individuals, it is said to be ___________ and represents one component of "fairness."

• A) reasonable
• B) impartial
• C) equitable
• D) unbiased

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Definitions:

Securities And Exchange Commission

A federal agency responsible for regulating the securities industry, enforcing federal securities laws, and protecting investors in the United States.

Socialize Losses

The process where financial losses are distributed broadly across society or a large group, rather than being borne solely by the entity responsible for incurring them.

Imprudent Investment

Financial allocations or commitments made without proper judgment or care, often leading to significant losses or suboptimal financial performance.

Public Choice Theory

An economic theory that studies how public sector decisions are made, considering individuals in the public sector as self-interested agents and applying the tools of economics to political science.