Raising Total Utility Is the Prime Objective of Which Political

question 40

Multiple Choice

Raising total utility is the prime objective of which political philosophy?

• A)utilitarianism
• B)liberalism
• C)libertarianism
• D)None of the above is correct.

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Definitions:

Medicare Tax

A federal tax that funds the Medicare program, which is withheld from an employee's paycheck and also matched by the employer.

FICA Tax

A federal tax in the United States that funds Social Security and Medicare, contributed by both employees and employers.

Tax Withheld

The portion of an employee's income that an employer sends directly to the government as a payment of income taxes.

Federal Income Tax

The tax levied by the Internal Revenue Service on the annual earnings of individuals, corporations, trusts, and other legal entities.