Economists Might Be Willing to Accept a Policy That Adversely

question 167

Multiple Choice

Economists might be willing to accept a policy that adversely affected distribution of income if it

• A)lessened income disparities.
• B)diminished labor productivity by a large amount.
• C)increased productivity by a large amount.
• D)were favorable to the rich.

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Definitions:

Leading Industries

The primary sectors of an economy that drive its growth, characterized by high levels of productivity and innovation.

Conglomerates

A conglomerate is a large corporation composed of diverse companies operating in various industries under one corporate group.

Fast-Food Workers

Employees working in the fast-food industry, often characterized by low wages and limited job security.

Admiration

A feeling of great respect and approval towards someone or something, often inspired by their abilities, qualities, or achievements.