Outcomes are fair according to the
A) rules view if private property rights are established and trade is voluntary.
B) results view if private property rights are established and trade is voluntary.
C) rules view if there is not too much inequality.
D) results view if there is not a big tradeoff.
E) results view if there is equality of opportunity.

Question

Quizplus · Accepted Answer

According to the rules view, fairness is determined by the establishment of private property rights and voluntary trade. As long as these two conditions are met, the outcome is considered fair, regardless of the level of inequality that may result. The other choices are not consistent with the rules view of fairness.

Outcomes Are Fair According to the