Economics MCQs – Certification Test 248

Measurement of Inequality Quiz (Question 248) – App & e-Book Download

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MCQ 248: The theory that states that the decision maker should select the course of action whose maximum loss is better than the minimum loss of all other courses of action possible in given circumstances is known as:

utilitarianism
social insurance
maxim in criterion
libertarianism

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Measurement of Inequality Quiz App & e-Book – Economics Learning Guide

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