Government programs that take money from high-income people and give it to low-income people typically
A) improve economic efficiency because they reducing poverty.
B) reduce economic efficiency because they distort incentives.
C) have no effect on economic efficiency because they both reduce poverty and distort incentives.
D) sometimes improve, sometimes reduce, and sometimes have no effect on economic efficiency.
Correct Answer:
Verified
Q79: This year, Emily earned $2,000 more than
Q80: Economic analysis indicates that
A) unorganized groups of
Q81: It would be more reasonable to use
Q82: Compared to those with higher incomes, low-income
Q83: Since 1980, income inequality (as measured by
Q85: Which of the following groups are overrepresented
Q86: Compared to low-income families, upper-income families are
Q87: Why have the earnings of persons with
Q88: The sharp reduction in marginal tax rates
Q89: Over the past two decades, the earnings
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