Which of the following best explains the view that nothing matters except that individuals have met a basic level of need for goods,such as housing or medical care,and that once they have met this basic level,income distribution is irrelevant?
A) First Fundamental Theorem of Welfare Economics
B) utilitarian social welfare function
C) Rawlsian social welfare function
D) commodity egalitarianism
Correct Answer:
Verified
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A)
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