Which of the following programs would be opposed by philosopher John Rawls?
a. a negative income tax
b. the Supplemental Security Income (SSI) program
c. a tax plan creating a perfectly egalitarian income distribution
d. Rawls would oppose all of the programs.
c
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When members of Congress vote to pass new legislation, they will
A) fail to consistently represent the underlying preferences of voters. B) always vote for the alternative favored by a majority of the voters. C) always fail to represent the underlying preferences of voters. D) always vote for the alternative favored by a plurality of the voters if there is no majority position.
Using international asset trade, countries can
A) never really eliminate all risk. B) eliminate all risk. C) actually increase their risk in some cases. D) eliminate all their risk except for emerging markets. E) never really diversify their holdings.