Question
please classify the following statements as either True, False, or Uncertain. Give reasons to support your answer. a)The Federal Government has been giving vaccines to
please classify the following statements as either True, False, or Uncertain. Give reasons to support your answer.
a)The Federal Government has been giving vaccines to provinces based on population sizes. This policy has been promoted on the basis of equity. There has been some discussion that vaccines should be allocated on the basis of the number of COVID-19 cases in 'hotspot' locations. i.e., that areas with higher number of cases should receive more vaccines. However, using such a criterion will not improve societal welfare.
b)The main result of the Edgeworth Box Model is that an equitable allocation of societal resources is always pareto-efficient.
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