The Challenge Facing Redistributionists Is to Redistribute Income

question 60

Multiple Choice

The challenge facing redistributionists is to redistribute income:

• A)in the face of entrenched interests.
• B)as quickly as possible.
• C)in a society of apathetic voters.
• D)while reducing adverse efficiency effects.

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Definitions:

Standard Deviation

A statistical measurement that depicts the variation or dispersion of a set of values, commonly used in finance to measure the volatility or risk of an investment.

Defined Contribution Plan

A type of retirement savings plan where the amount contributed to the plan is defined, but the future benefit amounts are not guaranteed.

Risk-free Return

The return on an investment with no risk of financial loss, typically associated with government bonds.

Standard Deviation

A statistical measurement that reflects the amount of variance or dispersion of a set of values. A low standard deviation means that the values tend to be close to the mean, while a high standard deviation means that the values are spread out over a wider range.