Suppose That Jamal Is Moving to a State Where Personal

question 105

Multiple Choice

Suppose that Jamal is moving to a state where personal incomes are distributed randomly. If Jamal believes in liberalism, he would prefer

• A)an income distribution that is relatively equal.
• B)that everyone has the same work opportunities and market-determined wage rates.
• C)that private property be transformed to government property to safeguard people's incomes.
• D)less economic assistance to the poor because it distorts the price system.