Caroline Earns More Than John

question 152

Multiple Choice

Caroline earns more than John. Under a new tax system, some of the taxes paid by Caroline would go to John. A libertarian would

• A)support the system because an extra dollar earned by Caroline would be worth less to her than an extra dollar given to John.
• B)oppose the system if it redistributed income in the presence of equal opportunity.
• C)oppose the system because an extra dollar earned by Caroline would be worth more to her than an extra dollar given to John.
• D)support the system if it maximized the well-being of the poorest member of society.

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Definitions:

Latent

Existing but not yet developed or manifest; hidden or concealed.

Skills

The ability to do something well, often as a result of knowledge, practice, and aptitude.

Learning

The acquisition of knowledge or skills through experience, study, or by being taught, which leads to a change in behavior or understanding.

Bandura

Refers to Albert Bandura, a psychologist known for his work on social learning theory, emphasizing the role of observational learning, imitation, and modeling.