Solved

The Compensation Principle Suggested by Normative Economics,which Says That Those

Question 37

Multiple Choice

The compensation principle suggested by normative economics,which says that those displaced by trade should be compensated for their losses,is based upon which of these normative principles?


A) Change is only good when some people benefit and none are made worse off.
B) The government should help the poor.
C) No individual should be coerced to help others.
D) People should act in an economically rational way.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents