Greater Income Equality That Is Achieved Through the Redistribution of Income

question 69

Multiple Choice

Greater income equality that is achieved through the redistribution of income is thought to

• A)stimulate innovation and entrepreneurship.
• B)promote economic efficiency in the economy.
• C)increase incentives to work, save, and invest in the economy.
• D)come at the opportunity cost of reduced production and income.

---

Definitions:

DSS

Stands for Decision Support System, a computer-based information system that supports business or organizational decision-making activities.

TPS

A Transaction Processing System is an information system designed to gather, store, alter, and recover an organization's transaction data.

PLM

Product Lifecycle Management, a systematic approach to managing the series of changes a product goes through, from its design and development to its ultimate disposal.

CIM

Computer-Integrated Manufacturing, an approach to manufacturing that involves the use of computers to control the entire production process, from design and manufacturing to product delivery.