The Basic Economic Argument for Greater Income Equality Is That

question 8

Multiple Choice

The basic economic argument for greater income equality is that

• A) an equal distribution of income is the logical outcome of any tax-transfer program.
• B) because citizens enjoy political equality, they are also entitled to economic equality.
• C) a more equal distribution of income will tend to maximize incentives to work, invest, and assume risk.
• D) a more equal distribution of a given amount of income will increase the total utility of consumers.

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