Which of the Following Programs Would Redistribute Consumer Surplus in Favor

question 8

Multiple Choice

Which of the following programs would redistribute consumer surplus in favor of those with less surplus in an otherwise free market economy?

• A) Providing welfare payments to the poor that are paid for by income taxes
• B) Enforcing existing property rights
• C) Ensuring that the market results in an efficient outcome
• D) Eliminating estate taxes

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Definitions:

Tanner's Model

A scale of physical development in children, adolescents, and adults which defines physical measurements of development based on external primary and secondary sex characteristics.

Clinical Judgment

The application of information based on observation and experience to make patient care decisions.

Medication Error

A preventable event that may cause or lead to inappropriate medication use or patient harm while the medication is in the control of the health care professional, patient, or consumer.

Critical Thinking Skills

The ability to think clearly and rationally, understanding the logical connection between ideas, and critically evaluating arguments and evidence.