Based on Arrow’s impossibility theorem Highest level of health, wealth, and equity are achievable at the same time Societies do not necessarily have transitive preferences, even when everyone in them does Achieving an equitable health system is impossible Everything is impossible

Based on Arrow’s impossibility theorem Highest level of health, wealth, and equity are achievable at the same time Societies do not necessarily have transitive preferences, even when everyone in them does Achieving an equitable health system is impossible Everything is impossible

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter17: Income, Poverty, And Health Care

Section: Chapter Questions

Problem 28P

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Question

. Based on Arrow’s impossibility theorem

		Highest level of health, wealth, and equity are achievable at the same time
		Societies do not necessarily have transitive preferences, even when everyone in them does
		Achieving an equitable health system is impossible
		Everything is impossible

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