Which of the following statements about the social welfare function is not true?
A)It can be thought of as a set of indifference curves that depict the wealth of the entire society.
B)It does not employ interpersonal utility comparisons.
C)It is one possible method for evaluating the public interest/
D)It allows for the rankings of possible outcomes.

Question

Quizplus · Accepted Answer

The social welfare function often involves interpersonal utility comparisons to evaluate and compare the welfare or utility levels of different individuals within society, contrary to what option B suggests.

Which of the Following Statements About the Social Welfare Function