Perfect income equality means:
A. everyone earns exactly what they're worth.
B. everyone earns the exact same amount.
C. people earn different amounts based on what they do, but everyone in the same job earns the same amount.
D. everyone enjoys exactly the same standard of living.
B. everyone earns the exact same amount.
Economics
You might also like to view...
From the economic point of view, profit is
A) a four-letter word. B) the same as loss. C) the result of uncertainty. D) a sign of economic injustice. E) none of the above.
Economics
The problem of bringing economic agents together to trade is referred to as the:
A) incentive problem. B) coordination problem. C) correspondence problem. D) scarcity problem.
Economics