The Primary Assumption Made in Rawlsian Justice Is That

question 175

Multiple Choice

The primary assumption made in Rawlsian justice is that

• A) people are risk averse.
• B) the marginal utility of income is decreasing.
• C) each individual tries to maximize his or her own well-being at the expense of everyone else.
• D) each person will produce according to his or her ability regardless of the reward.

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Definitions:

Excise Tax

A tax levied on specific goods, services, or activities, often included in the price of products like gasoline, alcohol, and tobacco.

Tax Revenue

The income received by the government from taxes imposed on individuals and businesses, used to fund public services and government obligations.

Leather Shoes

Footwear made from the hide of animals, treated for durability and flex.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and goods.