A Manager Who Promotes Employees Based on Their Ability to Do

question 74

Multiple Choice

A manager who promotes employees based on their ability to do the job is using which of the following principles of distributive justice?

• A) Principle of equal liberty.
• B) The difference principle.
• C) The entitlement principle.
• D) Principle of fair equality of opportunity.

Understand the concept of utility and its application in economics.

Interpret and assess tax systems, including negative income tax.

Explain the role of labor market economics in discussions about minimum wage and employment.

Understand the concepts of life cycle and permanent income hypotheses in relation to income inequality.