A Likely Effect of Government Policies That Redistribute Income and Wealth

question 62

Multiple Choice

A likely effect of government policies that redistribute income and wealth from the wealthy to the poor is that those policies

• A)enhance equality.
• B)reduce efficiency.
• C)reduce the reward for working hard.
• D)All of the above are correct.

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Definitions:

Mortality Rates

The measure of the number of deaths (in general, or due to a specific cause) in a particular population, scaled to the size of that population, per unit of time.

Illiteracy Rates

The percentage of the population that cannot read and write in a given language at a functional level.

Energy Consumption

The amount of energy consumed in the form of electricity, gas, or other energy sources by a household, business, or country.

Per Capita

A statistical measure that divides an aggregate by the number of individuals in the population.