Which of the Following Is True Concerning the Distribution of Income

question 22

Multiple Choice

Which of the following is true concerning the distribution of income?

• A) Various measures of income inequality can be used to objectively determine the fairness of an income distribution.
• B) When the political process is democratic, income transfer programs will redistribute income from the rich to the poor.
• C) The fairness of an income distribution is a normative concept; it cannot be determined objectively by economic criteria.
• D) Income inequality is the fairest method to allocate income.

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Definitions:

Innate Performance Preference

A natural tendency or predisposition to favor certain behaviors or skills without prior learning or experience.

Latent Learning

Learning that occurs without any obvious reinforcement or immediate demonstration of the learned behavior, which becomes apparent under different conditions.

Vicarious Learning

Learning that occurs by observing the actions, consequences, and behaviors of others rather than through direct experience.

Observational Learning

The process of learning behaviors through the observation of the behaviors of others.