A Concise Intro To Logic
12th Edition
ISBN: 9781305147775
Author: Hurley
Publisher: Cengage
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In some countries, brand name fast-food restaurants are not allowed to operate. Such restrictions are likely to
A. enhance the social welfare of society.
B. increase the number of fast-food restaurants.
C. reduce barriers to entry in imperfect markets.
D. reduce the competitive nature of local fast-food markets.
Is there any relationship between the culture of a given country and the extent to which it will likely have a dynamic, growing economy? Are there cultures that would be more likely to limit economic growth and even result in poverty? Defend your answer.
Do you believe the ethical principle of distributive justice should be followed? Why or why not?
What types of goods would you want placed in your distribution?
How would you provide for those goods given income equality?
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