Label as End State (E)or Process (P)views of Justice

question 25

Short Answer

Label as End State (E)or Process (P)views of justice
Inequality of wealth in a society is just only if people have equal opportunity to attain the positions to which the wealth is attached.

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Definitions:

Excess Reserves

The surplus funds that a bank or financial institution possesses beyond the mandatory requirements set by regulatory bodies, creditors, or its own internal governance protocols.

Government Securities

Financial instruments issued by a government to finance its activities, generally considered low-risk investments.

Quantity Of Money

The total amount of money available in an economy at a specific time, including both physical currency and digital balances.

Change The Tax Rate

Altering the percentage at which income, property, or sales are taxed by a governmental entity.