The basic economic argument for greater income equality is that
A) an equal distribution of income is the logical outcome of any tax-transfer program.
B) because citizens enjoy political equality, they are also entitled to economic equality.
C) a more equal distribution of income will tend to maximize incentives to work, invest, and assume risk.
D) a more equal distribution of a given amount of income will increase the total utility of consumers.
Correct Answer:
Verified
Q96: The movement of individuals and households from
Q97: Income mobility
A)makes lifetime income inequality among income
Q98: Which of the following countries has the
Q99: If discrimination based on gender and race
Q100: Differences in the amounts and quality of
Q102: Which of the following would most likely
Q103: The distribution of wealth in the United
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents