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Those Who Argue Against Income Inequality Say That

Question 13

Multiple Choice

Those who argue against income inequality say that


A) inequality does not help the rich very much and may well reduce society's output.
B) a more equal distribution of income raises the productivity of society because the rich do not want to work and the poor cannot.
C) the poor are important patrons of new and high quality products that benefit the entire society.
D) capital formation would be greater because the poor save more since they spend only on necessities, while the rich squander their incomes on conspicuous consumption of useless goods.
E) income inequality leads to political inequality and reduced opportunity for advanced education and training.

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