The Basic Economic Argument for Greater Income Equality Is That

question 191

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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Definitions:

Intergroup Behaviour

Interactions and behaviors that occur between different groups or social categories, often influenced by social norms, prejudice, and group identity.

Social Groups

Collections of individuals who interact and share common objectives, norms, or interests.

Social Protests

Organized activities aiming to express opposition or demand changes from authorities or public policies, typically involving large groups of people.

Klandermans

A scholar recognized for contributing to the understanding of social movement participation, particularly through the emphasis on psychological processes.