Which of the following is most closely related to the "fair results" approach to fairness?
A) efficient resource use
B) having an equal income distribution
C) voluntary exchange
D) the command system of allocating resources
E) price hikes in a natural disaster

Question

Quizplus · Accepted Answer

The "fair results" approach to fairness is most closely related to having an equal income distribution, as the focus is on ensuring that the outcomes or results of economic transactions or systems are distributed fairly among individuals or groups. Efficient resource use (A), voluntary exchange (C), and the command system of allocating resources (D) are more closely related to other approaches to fairness, such as efficiency and equality of opportunity. Price hikes in a natural disaster (E) are not related to any approach to fairness.

Which of the Following Is Most Closely Related to the "Fair