According to the Maximin Criterion, Income Should Be Transferred from the Rich

question 162

Multiple Choice

According to the maximin criterion, income should be transferred from the rich to the poor as long as it

• A)raises the well-being of the least fortunate.
• B)does not alter incentives to work and save.
• C)promotes an equal distribution of income.
• D)does not lower the welfare of the elderly.

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