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Economics
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12. The basic outcome of democracy is:

a. political, social, and economic outcome

b. military outcome

c. restricted and limited welfare policies

d. elimination of poverty.

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Microeconomics
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Knowing about Public Economy
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Raushan Raj
Raushan RajLv8
2 Nov 2020

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True/False/Uncertain/Explain For each of the propositions given, state whether the proposition is true, false, or uncertain, and then support your answer with an explanation. Use 1-3 concise sentences with each one.

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c. A social welfare function summarizes society's preferences over citizens' utility.

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Which of the following represents a positive economic statement:

a. Policy X is fair

b. Outcome Y is the best objective to achieve

c. If policy x is followed, then Outcome Y results

d. All of the above are positive economic analyses

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