Which of the Following Will Not Occur When Government Policies

question 243

Multiple Choice

Which of the following will not occur when government policies are enacted to make the distribution of income more equitable?

• A) People will alter their behaviors.
• B) Incentives will be distorted.
• C) Total utility will remain constant.
• D) The allocation of resources will be less efficient .

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Definitions:

Covenant Not to Compete

A legal agreement in which one party agrees not to enter into or start a similar profession or trade in competition against another party.

Employment Agreement

An Employment Agreement is a formal contract that outlines the terms and conditions of employment between an employee and employer, including duties, salary, and duration of employment.

Hair Stylist

A professional trained in the cutting, styling, and grooming of hair, often providing advice on hairstyles and hair care.

Restrictive Covenant

A clause in a contract that limits the actions of any party to the contract, often to protect business interests or property values.