The Argument Against Greater Equality in the Distribution of Income

question 4

Multiple Choice

The argument against greater equality in the distribution of income in the United States hinges basically on

• A) Loss of incentives.
• B) Greater productivity.
• C) The loss of horizontal equity.
• D) A higher marginal revenue product.

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Definitions:

Federal Government

The national government of a country, which holds the primary authority over its constituents, such as states or provinces.

Branches of Government

The division of government into separate parts, typically including the executive, legislative, and judicial branches, each with distinct powers and responsibilities.

Doctrine of Federal Subrogation

A legal principle allowing the government to take over the legal rights of a person to whom it has paid money, typically in insurance.

Concurrent Authority

Legal jurisdictions or powers that are shared by different governmental or regulatory bodies.