Using the Government as a Means of Redistribution Generates Equity

question 271

Multiple Choice

Using the government as a means of redistribution generates equity at the cost of efficiency, in part because

• A) the process of redistribution uses up some of society's resources.
• B) the process of redistribution creates new resources for society.
• C) redistribution creates new incentives to work for both rich and poor.
• D) redistribution would not take place otherwise.

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Definitions:

Retirement Models

Various theories or plans designed to guide individuals in how to save, invest, and distribute their finances for retirement.

Retirement

The act of leaving one's job or career and ceasing to work, typically due to reaching a certain age or for health reasons.

Grandmother Roles

The various familial and societal expectations and functions traditionally assigned to grandmothers, including caregiving and cultural transmission.

Second Shift

The phenomenon where individuals, especially women, complete a day of paid work only to come home to a "second shift" of unpaid household labor and caregiving responsibilities.