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An economist was pondering on the fair distribution of 1000 units scarce opportunities and benefits to a group of 100 respondents with the following characteristics:
1.10% belong to the upper rich leisure class, powerful and influential
2.40% belong to the hard working educated MIDDLE CLASS, AMBITIOUS AND HARD-WORKING
3.50% belong to the lower poor class without proper education and born without any opportunities in life because they are trapped in the vicious cycle of poverty
Questions:
1.What is the basic dilemma about in this situation?
2.What are the conceptual analytical skills involved in this dilemma?
3.What are the linguistic analytical skills in this situation?
4.What are the arguments and counter-arguments in this situation?
5.What arer the errors in reasoning involved in this situation?
6.And which argument is stronger in this situation?

2006-10-08 15:24:43 · 2 answers · asked by h m 1 in Social Science Economics

2 answers

Flights of fancy like this do not usually take off.

2006-10-11 20:31:31 · answer #1 · answered by MBK 7 · 0 0

Everything about your questions are flawed. An economist does not distribute anything. He discovers the market price and sells it to whomever wishes to purchase it. No dilemma.
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2006-10-08 16:55:46 · answer #2 · answered by Zak 5 · 0 0

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