Final answer:
Economic evaluations attempt to be objective in determining resource allocations but are influenced by societal values and income distribution, making true objectivity a complex matter.
Step-by-step explanation:
Economic evaluations indeed aim to provide an objective way to determine resource allocations from various perspectives, such as individual, community, or societal. These evaluations are meant to address fundamental problems of resource allocation and scarcity that all societies face.
However, saying they provide an entirely objective way is a simplification because the process is influenced by societal values, such as economic freedom, efficiency, equity, security, and growth. Moreover, the concept of economic efficiency is not a synonym for something being completely desirable as it often reflects the income distribution within that society, which can greatly influence individuals' ability to pay for goods and services. This suggests that the economic systems are embedded within societal values that can affect the so-called objective nature of these evaluations.