Which of the following is NOT a normative standard for income distribution?
A) the productivity standard
B) the egalitarian principle
C) rewarding people according to merit
D) All of the above are normative standards.
Answer: D
Economics
You might also like to view...
"Under floating rates, the economy is more vulnerable to shocks coming from the domestic money market." Discuss
What will be an ideal response?
Economics
A narrow bid-asked spread on a security can be expected if
A) price fluctuations are large. B) liquidity costs are high. C) transactions volume is large. D) the market is thin.
Economics