Government Attempts to Create a More Equitable Income Distribution by Increasing

question 114

Multiple Choice

Government attempts to create a more equitable income distribution by increasing marginal tax rates may do all of the following except

• A)Reduce output.
• B)Increase unemployment.
• C)Reduce government tax receipts.
• D)Increase work effort.

---

Definitions:

Creativity

The capacity to generate unique and novel concepts, or to create something innovative or creative.

Intelligence

The ability to learn, understand, and apply knowledge, to think abstractly, and to solve problems.

Everyday Intelligence

Practical intelligence that involves skills and abilities used in daily life situations.

Sternberg

Refers to Robert Sternberg, a psychologist known for his theories on intelligence, creativity, wisdom, and love.