Which of the following is part of the cost of income transfers?
A) Income transfers are a similar to allocating resources using a lottery.
B) Income transfers make the results more unfair.
C) Taxing incomes encourages people to work harder.
D) Income transfers increase the size of the economic pie.
E) Tax-collecting agencies cost money to administer.
Correct Answer:
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Q117: Which of the following leads to a
Q118: Q119: Q120: Which of the following can result in Q121: The idea that unequal incomes are unfair Q123: If the government takes over the distribution Q124: The 'equality of opportunity' idea of fairness Q125: As pointed out by the 'big tradeoff', Q126: Which of the following is most closely Q127: When economists use the term 'big tradeoff'![]()
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