If income were distributed according to the egalitarian principle of "to each exactly the same," then one problem would be that
A) there would be little or no incentive for individuals to take risky, hazardous, or unpleasant jobs.
B) individuals would have an excess desire to invest in their own human capital.
C) too many individuals would want to take risky jobs.
D) productivity levels would probably become too high.
Correct Answer:
Verified
Q142: The productivity standard for the distribution of
Q143: The egalitarian principle of income refers to
A)
Q144: All of the following lead to a
Q145: The typical age-earnings cycle shows that
A) there
Q146: The age-earnings cycle is an earnings profile
Q148: One productivity standard for income distribution stated
Q149: On average the productivity of an individual
Q150: A major problem with using the egalitarian
Q151: If a goal of a nation's residents
Q152: Determinants of the marginal productivity of labor
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