The basic economic argument for greater income equality is that:
A. an equal distribution of income is the logical outcome of any tax-transfer program.
B. because citizens enjoy political equality, they are also entitled to economic equality.
C. a more equal distribution of income will tend to maximize incentives to work, invest, and
assume risk.
D. a more equal distribution of a given amount of income will increase the total utility of
consumers.
Answer: D
Economics