Determining the Most Socially Desirable Level of Income Equality or Inequality

question 169

Multiple Choice

Determining the most socially desirable level of income equality or inequality

• A)is done through markets, rather than by the government
• B)is done directly by firms
• C)involves normative economics
• D)involves evaluation of public goods
• E)involves evaluation of all externalities, both positive and negative

---

Definitions:

Highly Active

Reflects a lifestyle or level of activity that significantly exceeds the average, often involving rigorous and frequent physical exercise.

Average Steps

The typical number of steps a person takes in a day, used as a basic metric for physical activity levels.

Low Active

Describes a lifestyle or individual with minimal levels of physical activity, slightly above being sedentary.

Skill-related Fitness

Components of physical fitness that contribute to the ability to perform well in sports and activities requiring specific skills, such as agility, balance, coordination, power, reaction time, and speed.