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   Related Questions in Public Economics

  • Q : Dealing of technical efficiency in

    Technical efficiency deals along with problems of: (w) Maximizing the value of production. (x) Curing inequity. (y) Concentrating wealth more totally. (z) Redistribution from rich to poor. Can anybody suggest me the proper explanat

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  • Q : Problem on violating someone rights Can

    Can someone help me in finding out the right answer from the given options. Fee simple property rights do not permit private owners to: (1) Deny utilization of their goods to others. (2) Trade such rights with other people. (3) Employ goods in manner

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  • Q : Reason of confronting problem of

    People whole the world confront the problem of scarcity at all times just because which one reason: (i) Greedy capitalist monopolies under-produce goods, (ii) International markets are plagued with flawed distribution, (iii) Restricted resources and t

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  • Q : Explain invisible hand of Adam Smith

    The “invisible hand” of Adam Smith described: (w) a large role for the government. (x) altruist motives in civilized society. (y) technological advances promoted throguh monopolies. (z) self-correcting market mechanisms.

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  • Q : Explaining work in Wealth of Nations In

    In words of Adam Smith, The Wealth of Nations had given an explanation of work how: (w) dictatorship is more efficient than democracy. (x) economic processes work in a communistic society. (y) real estate investment is a exact path to

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  • Q : Explained economics capital generally

    Where is generally economic capital referred: (1) Money and other financial assets. (2) Machinery, buildings and equipment. (3) Net investment minus depreciation. (4) Corporate bonds and stocks. Can anybody suggest

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  • Q : Value of the best foregone alternative

    The value of the best foregone alternative explains: (w) opportunity costs. (x) monetary costs. (y) irrational behavior through a consumer. (z) retail price margins over production costs. How can I solve my above e

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  • Q : Efficiently distribution of goods If

    If goods are efficiently distributed in between households, then all family is: (w) sure to lose when any income redistribution arises. (x) treated equitably. (y) and also off as possible without making any other family worse off. (z) able of gaining by a better distr

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  • Q : Determine the essence of positive

    The essence of positive economic statements is which they: (1) should be correct, or they turn into normative statements. (2) yield predictions which can be tested for validity. (3) clearly resolve ethical or moral matters. (4) focus upon cheerful in

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  • Q : Usefulness of Positive Economics Please

    Please help me to solve the problem that is given below: Positive economics is MOST helpful within finding if: (i) Particular economic goals are good or not. (ii) A set of national goals is desirable. (iii) Specific economic t

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