When the Government Attempts to Cut the Economic Pie into More

question 54

Multiple Choice

When the government attempts to cut the economic pie into more equal slices, what happens?

• A)It is easier to cut the pie, and therefore the economy can produce a larger pie.
• B)The government can more easily allocate the pie to those most in need.
• C)The pie gets smaller, and there will be less pie for everyone.
• D)The economy will spend too much time cutting and loses the ability to produce enough pie for everyone.

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Definitions:

Self-Actualization

Realization or fulfilment of one's talents and potentialities, considered as a drive or need present in everyone.

Personal Fulfillment

A sense of satisfaction or achievement an individual feels upon meeting personal goals, values, or desires.

Shelter

A structure that provides protection from the environment, including homes, buildings, and temporary accommodations.

Physiological Need

A basic bodily requirement that people need to survive, such as food, water, and shelter.