The ability of the federal government to regulate the distribution of income among families and individuals is
A) enormous, as shown by the redistribution that has occurred from the rich to the poor since World War II.
B) largely limited to what can be accomplished through revisions in the rules of the game.
C) unlimited because government is sovereign.
D) virtually unlimited because few people would be willing to emigrate merely in order to escape taxation.
B
Economics
You might also like to view...
The ability to produce a good at a lower opportunity cost than another producer is called
A) absolute advantage. B) comparative advantage. C) specialization. D) protectionism.
Economics
European countries tend to rely more on consumption taxes than does the United States
a. True b. False Indicate whether the statement is true or false
Economics