Suppose that Jamal is moving to a state where personal incomes are distributed randomly. If Jamal believes in liberalism, he would prefer
A) an income distribution that is relatively equal.
B) that everyone has the same work opportunities and market-determined wage rates.
C) that private property be transformed to government property to safeguard people's incomes.
D) less economic assistance to the poor because it distorts the price system.
Correct Answer:
Verified
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