The main reason the usefulness of Pareto optimal policies is limited as a policy guide is that:
A) it is too subjective.
B) it is only objective, and good policy also requires a subjective element.
C) real-world changes in which no one is harmed are rare or nonexistent.
D) real-world changes in which more people are helped than are harmed are rare.
Correct Answer:
Verified
Q29: Mainstream economists focus on:
A) how the invisible
Q30: Economists are trained to be as:
A) subjective
Q31: When public choice economists look at labor
Q32: Pareto optimal policies will improve life for:
A)
Q33: Public choice economists focus on:
A) how the
Q35: Suppose two economists disagree about whether a
Q36: Policy makers with conservative values usually ask
Q37: Economic models generally:
A) focus on all important
Q38: Both liberal and conservative economists believe that:
A)
Q39: Two economists are debating whether to remove
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