Answer this for me mate. Much appreciated. The Sherbert Test states that in order for a law to be allowed to limit or burden a religious practice, the government must establish the rights of conscientious objectors.O TrueO False

Answered: The Sherbert Test states that in order…

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter30: Market Failure: Externalities, Public Goods, And Asymmetric Information

Section: Chapter Questions

Problem 6QP

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What are four responses to the claim that people should not behave in the way described in this chapter?
Suppose you were a benign government who wanted to improve Angela’s situation, but withoutsacrificing the aim of Pareto Efficiency. One policy advisor tells you that all you need to do to achievethis is to change Angela’s reservation option. Is this correct? Please explain with all steps the awnser of this question
Please no written by hand Suppose all workers have the same preferences represented by U = (sqroot)w - 2x , where w is the wage and x is the proportion of the firm’s air that is composed of toxic pollutants. There are only two types of jobs in the economy, a clean job (x = 0) and a dirty job (x = 1). Let w0 be the wage paid by the clean job and w1 be the wage paid for doing the dirty job. If the clean job pays $16 per hour, what is the wage in dirty jobs? What is the compensating wage differential?
Governments generally want people to get immunised against highly contagious viruses suchas COVID-19. Nonetheless many people refuse to take the vaccination jab, because theyoverestimate the likelihood of side effects, or because they are complacent about gettinginfected or the severity of symptoms they might experience. They also might not care orunderstand that their immunity protects others. Use the theories of market failure andgovernment intervention to analyse the motives of government, the anti-vax phenomenonand their consequences. What, if anything should government do to make more people getvaccinated? What would be the problems with such interventions?
A voluntary exchange must be just. Which type of economic justice this statement is describing?Select one:a. Rectificatory justiceb. Reciprocal justicec. Distributive justiced. Retributive justice According to Ricardo, which was not the factor that determines the Value in Exchange of a commodity?Select one:a. Its scarcity.b. Labor time.c. Utility. Adam Smith emphasized the division of labor increases output because ofSelect one:a. Invention of new machinery.b. Increase labor skill.c. Time consuming.d. Increase efficiency. Charles Fourier was one of the major figures of Socialism. Which type of socialism that he adopted?Select one:a. Christian Socialismb. Utopian Socialismc. Communismd. State Socialism If 2 hours required to catch a beaver and only 1 hour to catch a deer, the relative price or value in exchange for a beaver is 2 deer or 2 hours of labor command. This example was given bySelect one:a. Thomas Robert Malthus.b. Adam Smith.c. David Hume.d. David Ricardo. [1/5, 1:58 PM]…
Suppose there are two possible income distributionsin a society of ten people. In the first distribution,nine people have incomes of $60,000 and one personhas an income of $20,000. In the second distribution,all ten people have incomes of $50,000.a. If the society had the first income distribution,what would be the utilitarian argument forredistributing income?b. Which income distribution would Rawls considermore equitable? Explain.c. Which income distribution would Nozick considermore equitable? Explain.
A significantly larger proportion of higher social class children attend college than lower-class children. This islargely due to differences in ability among social classes. T or F?
In the city of Swiftsure, there is only one crime, armed robbery. The city recently decided to double the probability of imprisonment from 10 percent (10 percent of armed robberies result in a prison sentence) to 20 percent. Because the city has a fixed prison capacity, it also cut the average prison sentence in half, from 3 years to 1.5 years. a. Would you expect these changes in the city’s crime policy to increase, decrease, or not affect the city’s crime rate? Explain why. b. would you expect these changes to increase, decrease, or not affect the total cost of crime (the sum of victim and prevention costs.
Negative rights are defined entirely in terms of the duties others have not to interfere with you. True False Utilitarianism is attractive to many because it matchesthe views we tend to hold when discussing governmental policies and public goods.True False
TQuestion 1 - All else equal, a car insurance plan that offers less full insurance coverage will produce less moral hazard. O. True O. False Question 3 - Many states have laws requiring health insurance policies cover the treatment of diabetes. One study found that after the passage of these laws, diabetics weight increased, which complicates the treatment. This is an example of moral hazard. O. True O. False
The Condorcet paradox illustrates Arrow’simpossibility theorem by showing that pairwisemajority votinga. is inconsistent with the principle of unanimity.b. leads to social preferences that are not transitive.c. violates the independence of irrelevantalternatives.d. makes one person in effect a dictator.
15 A libertarian paternalist would prefer to implement policies that a.adjust the incentives of a decision. b.allow individuals to opt-out of the default option. c.require individuals to make a decision. d.randomly assign individuals to an option if they don't make a choice

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