"To each according to what he or she produces" describes the ________ theory of income determination

A) productivity
B) egalitarian
C) equity
D) needs

A

Economics

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If most workers are risk adverse why do we still see many workers agreeing to contracts where their compensation is variable like commissions for magazine salesmen or car salesmen?

What will be an ideal response?

Economics

Social Security is a pure transfer program because

A) it transfers funds from current workers to the poor. B) the government transfers funds from middle-income workers to welfare recipients. C) current payroll taxes are used to pay the eligible retirees. D) the government subsidizes the medical bill of the poor.

Economics