Pareto optimal policies are almost nonexistent in the real world.
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Q12: Courts often estimate the value of human
Q13: If a policy is Pareto optimal:
A) it
Q14: The positive contribution of politics in the
Q15: One issue with using lifetime earnings as
Q16: Which of the following is one of
Q18: Public choice economists point out that when
Q19: Usually policy makers ask advice from economists
Q20: Most economists would agree that each human
Q21: One reason economists have many different views
Q22: The primary problem with estimating elasticity of
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