A Fundamental Reason for Concern About the Distribution of Income

question 119

Multiple Choice

A fundamental reason for concern about the distribution of income, according to the text, is that:

• A) the efficiency argument is the most important criterion in this regard.
• B) people care about the welfare of others.
• C) people with higher incomes often desire to hurt those with lower incomes.
• D) most people think private charity efficiently handles cases of poverty.

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Definitions:

Domestication

The process by which humans modify the genetic traits of plants and animals to better suit human needs, through selective breeding and cultivation.

Production

The process of creating, manufacturing, or producing goods and services, often viewed as a critical component of economic systems.

Instability

A state of unpredictability or potential for change that can affect systems, nations, markets, or personal circumstances often negatively.

Dental Decay

The breakdown of teeth due to acids made by bacteria; also known as cavities or caries.