Question
1.The leaky bucket problem is not relevant to which of the following judgments or outcomes concerning distributive justice? Group of answer choices a) Rawlsian equality
1.The leaky bucket problem is not relevant to which of the following judgments or outcomes concerning distributive justice?
Group of answer choices
a) Rawlsian equality
b) Rawlsian equality
c) utilitarianism
d) natural law philosophy
2. Prior to the pandemic, U.S. government data indicated that:
Group of answer choices
a) Social insurance spending was moving the federal government towards a balanced budget
b) The ncome tax has been revised to reflect a proportional rate structure
c) Total Medicare spending has surpassed Social Security spending
d) The poverty rate was at a record low
3.Given the following information, assume both markets are perfectly competitive, and the chart represents the production function for a firm that makes paper clips.
Market for Paper ClipsMarket for Labor
Qd= 4000 - 400PQd= 300 - 5PL
Qs= -1000 + 600PQs= -150 + 5PL
LaborCapitalOutput
010 ---
110 10
210 30
310 40
410 49
510 57
If this firm is profit-maximizing, how many units of labor will it hire?
Group of answer choices
a) 1
b) 4
c) 5
d) 2
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