Under Which Circumstances Would Utilitarians Favor a Redistribution of Income

question 4

Multiple Choice

Under which circumstances would utilitarians favor a redistribution of income from poor individuals to rich individuals?

• A) always
• B) if the marginal utility lost by the poor individuals was less than the marginal utility gained by the rich individuals
• C) if the marginal utility gained by the poor individuals was less than the marginal utility lost by the rich individuals
• D) never

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Definitions:

Network Diversity

The variety and range of connections an individual or organization has, including different industries, backgrounds, and expertise.

Symbolic Ties

Relationships or connections that are not based on formal agreements but rather on shared values, trust, or identity.

Board of Advisors

A group of external experts who provide strategic advice to the management of a company, but who do not have any governance authority.

Personal Liability

The legal responsibility of an individual to repay debt or answer for other obligations out of their personal assets, not just the assets of their business or investment.