Economists use the word equality to describe a situation in which

Asked by wiki @ 29/10/2020 in Business viewed by 302 People

Economists use the word equality to describe a situation in which a. each member of society has the same income. b. each member of society has access to abundant quantities of goods and services, i. regardless of his or her income. c. society is getting the maximum benefits from its scarce resources. d. society's resources are used efficiently.

Answered by wiki @ 29/10/2020

Answer:

Answer is option A, i.e. each member of the society has the same income

Explanation:

Regarding economics or, we can say in the language of economists, equality can be defined as a situation when each member of the society, regardless of their gender, profession, and hard work; has an equal amount of wealth. It means that when each one in the society has access to all the available resources, and each one of them can afford those goods and services, then they are said to be economically equal.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2744 persons

Economists use the word equality to describe a situation in which

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