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ECS3704 ASSESSMENT 3 SEMESTER 1 2024 According to Nozick’s entitlement theory This question is based on figure 11.1 in CSS. Which one of the following statements is correct? The altruist motive for income distribution means that people are prepared to $2.84
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ECS3704 ASSESSMENT 3 SEMESTER 1 2024 According to Nozick’s entitlement theory This question is based on figure 11.1 in CSS. Which one of the following statements is correct? The altruist motive for income distribution means that people are prepared to
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Course
Public Economics - ECS3704 (ECS3704)
Institution
University Of South Africa (Unisa)
Book
Public Economics
ECS3704 ASSESSMENT 3 SEMESTER 1 2024
According to Nozick’s entitlement theory
This question is based on figure 11.1 in CSS. Which one of the following statements is correct?
The altruist motive for income distribution means that people are prepared to redistribute income simply because t...
Select one:
a. rectification of an injustice implies that if person A acquired a farm at
the expense of person B and against the will of person B, then person A
must keep it.
b. redistribution of wage income is justifiable.
c. it is just to take land from an absentee land owner.
d. would be fair if one or both of Nozick’s first two principles of justice
have been violated.
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Question 2
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Marked out of 1.00
This question is based on figure 11.1 in CSS. Which one of the following
statements is correct?
Select one:
a. The after tax budget line shifts from S0 to S1.
b. The tax burden is shifted mostly forward.
c. The total tax burden is equal to the area P0PmAB .
d. S0 is parallel to S1 because at each price a greater amount of tax is
added by the sellers.
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