Which of the following are possible justifications for government redistribution of income?
a. The desire for a more unequal distribution of income.
b. Charity is a collective consumption good and thus might be underprovided.
c. Redistribution acts as insurance against further coercion.
d. Private redistribution of income merely shuffles money around the rich and upper-middle class.
Question 2
If the government wants to borrow money to build new highways; then the
A) interest rate will be higher.
B) quantity of funds available in the market will increase.
C) private investment will decrease.
D) All of the above.
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Mark Twain supplemented his income as a writer by giving humorous lectures.
Global Stratification: Income of the World's Nations
Global Stratification: Income of the World's Nations
Regional Variation in Income and Access to the Sea
How Health Interacts with Income