The Philosopher John Rawls Argued That

question 117

Multiple Choice

The philosopher John Rawls argued that

• A)people would choose a more equal distribution of income if they had to determine an economic distribution system before knowing their place in it.
• B)people would choose income inequality to allow the maximum use of their individual talents.
• C)government has a role to ensure income equality to prevent social unrest.
• D)people would choose equal opportunity because it is morally right.

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Definitions:

Revenue And Expense

Financial terms identifying the income a company generates and the costs incurred to generate that income, respectively.

Earnings Per Share

A financial metric that gauges the portion of a company's profit allocated to each outstanding share of common stock.

Common Stock

Equity ownership in a corporation, with voting rights and eligibility to receive dividends.

Profitability

A measure of how much profit a company generates relative to its revenue or assets.