Solved

Who Defines Economic Welfare as "That Part of Social (General)

Question 4

Multiple Choice

Who defines economic welfare as "that part of social (general) welfare that can be brought directly or indirectly into relation with the measuring rod of money."


A) Kaldor-Hicks
B) A. C. Pigou
C) Pareto
D) Prof . Bergson

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Welfare Economics is generally accepted as<br>A)Positive science<br>B)Normative

Q2: If an economy operates on its production

Q3: If some allocation of resources is Pareto

Q5: The Fundamental Theorem of Welfare Economics:<br>A)shows that

Q6: When two commodities X and Y must

Q7: The marginal condition for a Pareto-optimal or

Q8: The concept of 'Social Welfare Function' was

Q9: Kaldor-Hicks compensation principle can be explained with

Q10: Growth of GNP as A Criterion of

Q11: If a brother and sister return home