A Question 7 () Retake question Which of the following are true under the criteria of Pareto Safety? a. Relative economic injury is permissible b. Real economic injury is permissible c. Individuals can lose real income d. None of the above A Question 10 s) Retake question If "losers" to a proposed policy change could compensate the "gainers" and still be no worse off than if the proposed change was implemented, which of the following is achieved? a. Kaldor Compensation Test b. Hicks Compensation Test c. Kaldor Hicks Compensation Test d. None of the above
A Question 7 () Retake question Which of the following are true under the criteria of Pareto Safety? a. Relative economic injury is permissible b. Real economic injury is permissible c. Individuals can lose real income d. None of the above A Question 10 s) Retake question If "losers" to a proposed policy change could compensate the "gainers" and still be no worse off than if the proposed change was implemented, which of the following is achieved? a. Kaldor Compensation Test b. Hicks Compensation Test c. Kaldor Hicks Compensation Test d. None of the above
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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