Opponents of income redistribution argue that
A. redistribution violates the proposition that "one is entitled to the fruits of one's efforts."
B. property income is less just than labor income and thus redistribution of that income is justified.
C. redistribution encourages too much competition.
D. Both A and C are correct.
Answer: A
Economics
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A direct restriction on the quantity of an import is called a tariff.
a. true b. false
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Which of the following statements is true about empty cores?
a. It is individually rational to form coalitions when cores are empty. b. There are no unblockable payoff allocations. c. The only way to prevent blocking is side payments among coalition members. d. Empty cores leave each person with payoff just equal to their production values.
Economics