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BrendanOO7 BrendanOO7
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6 years ago
The compensation principle suggested by normative economics, which says that those displaced by trade should be compensated for their losses, is based upon which of these normative principles?
A) Change is only good when some people benefit and none are made worse off.
B) The government should help the poor.
C) No individual should be coerced to help others.
D) People should act in an economically rational way.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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alanialani
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6 years ago
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BrendanOO7 Author
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6 years ago
Just got PERFECT on my quiz
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