--%>

Administrative estimations of peoples requirements

The requirement criterion of distribution usually entails: (1) Greater production incentives than the other systems. (2) Much difficult administrative estimations of people's requirements. (3) Generation of extreme pollution. (4) Dividing national income uniformly across the population in need.

Choose the accurate answer from the above options.

   Related Questions in Public Economics

  • Q : Define subjective opportunity cost for

    Can someone explain me with excellent solution about problem of economic concept of Opportunity Cost... If you exchange your Audi for a race horse you hate, and exchange the race horse for 100 shares of gold-mine stock you believe

  • Q : Eccentricities of Jeremy Bentham The

    The eccentricities of Jeremy Bentham (from 1748 to 1832) did not comprise: (i) allowing a pet pig to freely roam his mansion. (ii) petitioning the London Council for permission to replace shrubbery beside his driveway along with mummi

  • Q : Demonstration of scarcity in the U.S.

    By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

  • Q : Offsetting effects of Economic Growth I

    I have a problem in economics on Offsetting effects of Economic Growth. Please help me in the following question. Technological advances and resource diminution tend to join and hence a society’s production possibilities curve experiences: (i) R

  • Q : Problem on equivalent amounts of goods

    Can someone help me in finding out the right answer from the given options. According to the equivalent share criterion of distribution, individuals must: (i) Share income according to personal requirement. (ii) All produce equivalent shares of output. (iii) Each cons

  • Q : How to recognize economics as a field

    recognize economics as a field of economics

  • Q : Wealth of nation according to Adam Smith

    Adam Smith asserted that a wealth of nation is not gold, although is as an alternative the: (w) wisdom of its government. (x) goods and resources its people control. (y) new physical territory this conquers. (z) military power this co

  • Q : Rationally optimal decisions hinge on

    Economic scarcity is pervasive, that makes choices essential. Therefore, rationally optimal decisions hinge on tradeoffs which essentially reflect as: (1) using cooperative allocative mechanisms to minimize inequity. (2) opportunity costs. (3) competi

  • Q : Explain the invisible hand as automatic

    Adam Smith’s phrase “the invisible hand” considers to the automatic: (w) withholding of taxes before worker receive paychecks. (x) charitable instincts most people display when confronted by poverty. (y) coordination

  • 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