A likely effect of government policies that redistribute income and wealth from the wealthy to the poor is that those policies
a. enhance equality.
b. reduce efficiency.
c. reduce the reward for working hard.
d. All of the above are correct.
d
Economics
You might also like to view...
The average price of ten commodities is $330. If an eleventh commodity whose price is $600 is included in the calculation, the new average is:
A) $330.35. B) $450.25. C) $354.54. D) $254.54.
Economics
The average growth rate of output in the U.S. economy since 1900 has been
A. 2.4%. B. 3.3%. C. 6.3%. D. 10.5%.
Economics