MCQ 37 In the analysis of public policy, if a policy change had to satisfy both the Rawls welfare criterion and the Pareto welfare criterion, a policy change would be regarded as leading to an...

Extracted text: MCQ 37 In the analysis of public policy, if a policy change had to satisfy both the Rawls welfare criterion and the Pareto welfare criterion, a policy change would be regarded as leading to an improvement in welfare only if: A Arrow's impossibility theorem is not applicable I do not want to answer this question. C it included measures to limit the political power of the capitalist class D the gainers from the change can compensate the losers to accept the change and still be left better off E the poorer sections of society are made better off by the change and no one else is made worse off F the richer members of the community are made better off by the change and the poorer members of the community are left no worse off