Which one is more consistent with a government

Assignment Help Business Law and Ethics
Reference no: EM131184661

Consider the utilitarian social welfare function and the Rawlsian social welfare function, the two social welfare functions.

a. Which one is more consistent with a government that redistributes from rich to poor? Which is more consistent with a government that does not do any redistribution from rich to poor?

b. Think about your answer to (a). Show that government redistribution from rich to poor can still be consistent with either of the two social welfare functions.

Reference no: EM131184661

Questions Cloud

Devise a data structure and a suitable algorithm : As stated in the text, a priority queue is a queue in which certain items are allowed to jump to the head of the line if they meet certain conditions - Devise a data structure and a suitable algorithm to implement a priority queue.
Budget constraint is tangent to an indifference curve : Explain why a consumer's optimal choice is the point at which her budget constraint is tangent to an indifference curve.
What information means in the context of big data : Offer an analysis and critical review of the 4-part series, "Top Secret America," particularly as it pertains to the issue of the privatization of national security work. Have Priest and Arkin, in your view, fairly portrayed the issue? Have they r..
Draw a log-log plot of the envelope of the common-mode : Draw a log-log plot of the envelope of the common-mode conducted emission from 150 kHz to 30 MHz.
Which one is more consistent with a government : Which one is more consistent with a government that redistributes from rich to poor? - Which is more consistent with a government that does not do any redistribution from rich to poor?
What more efficient by slightly changing the data structure : If the purpose of this search is to insert another item into the list, how would you achieve this insertion? In other words, give a pseudocode algorithm that lists each step.
Why would the government ever intervene in an economy : Since the free market (competitive) equilibrium maximizes social efficiency, why would the government ever intervene in an economy?
Which parties would be included as direct financial interest : The financial interests of a CPA's family members can affect the CPA's independence. Which of the following parties would not be included as a "direct financial interest" of the CPA?
Draw the persons budget constraint with the income guarantee : Draw the person's budget constraint with the income guarantee. - Suppose that the income guarantee rises to $9,000 but with a 75% reduction rate. Draw the new budget constraint.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Analyze the merits of the cause of action

A group of women who took the test and failed file suit. Explain the basis for the cause of action, and analyze the merits of the cause of action, employer defenses, and likely outcome. Support your response with applicable law

  You must write a narrative report that takes the facts that

you have completed your investigation on allegations against a plant employee of an acquired corporation lakes inc.

  Describe personal items each arson investigator should carry

Describe the personal items each arson investigator should carry. What is the minimum number of personnel at an arson scene investigation? Why is that number important? Explain

  What are the elements of rico

What are the elements of RICO? That is to say, what must a plaintiff show to hold a defendant liable for violating the RICO statute

  Treatment of girls and boys in the criminal justice system

Discuss the treatment of girls and boys in the criminal justice system as well as in your own community. How have gender differences, in regards to treatment, changed over time

  Describe key characteristics of professional policing

Describe and discuss key characteristics of professional (traditional) policing, community policing (including problem-oriented policing) and compstat. Also, briefly discuss intelligence led policing.

  The board can within sixty days of the receipt of a

rewrite any of the following sentences that contain language that can be simplified without interferring with the

  What form of deterrence should be imposed and why

Analyze the majority opinions and explain the factors on which the rulings are based. Analyze the dissents and explain the factors on which the dissents are based.

  What will you advise grant

What will you advise Grant who has come to you very distressed and fully expecting to successfully sue Eagle Eye - Will Bill have to pay this amount to Anne?

  Analyze the legal issues of e-business

Write a 350- to 700-word review of the article. Your review should assess the different types of and legal protections for intellectual property. Analyze the legal issues of e-business to include intellectual property, privacy, ethics, and securit..

  What theory or theories might a court use

What theory or theories might a court use to hold Wallace liable for insider trading? Under the Sarbanes-Oxley Act of 2002, who would be required to certify the accuracy of financial statements filed with the SEC?

  Describe a dispute that may arise in a business where it is

describe a dispute that may arise in a business where it is appropriate to use an adr process to resolve the dispute.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd