Because There Is a Trade-Off Between Total Output and Equality

question 3

Multiple Choice

Because there is a trade-off between total output and equality of income distribution,

• A)greater equality of distribution will generally result in higher levels of output.
• B)greater output is generally associated with more equal distribution.
• C)policies designed to increase output will only succeed if distribution is more equal.
• D)policies intended to expand output must necessarily fail.
• E)policies designed to equalize distribution may adversely affect the size of output.

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Definitions:

Flexible Timings

Employment arrangements that allow workers to choose and alter their work schedules to better fit personal needs, while meeting the employer's requirements.

Bureaucracy

A system of government or management involving multiple layers of administration, strict policies, and rules.

Unity of Direction Principle

A leadership principle suggesting that team members should work towards the same objectives in a coordinated and cohesive manner.

Bureaucracy

An organizational system characterized by structured procedures and formal rules, typically involving a hierarchy of authority.