Do policies that alter the distribution of income also entail a change in property rights?
A) It is impossible to tell because of the uncertainty such policies create.
B) Not if they are confined to changing relative prices.
C) Not if they redistribute income without confiscating anyone's wealth.
D) They do so necessarily.
D
Economics
You might also like to view...
How much is a bond worth today if it pays $50 in coupon payments for 3 years and $1,000 at the end of the third year, and the interest rate is 10%?
A) $876 B) $952 C) $1,045 D) $1,150
Economics
Why is it difficult to estimate job gains or losses due to free trade agreements?
What will be an ideal response?
Economics