Author Question: The big tradeoff refers to the point that governmental redistribution of income causes A) less ... (Read 91 times)

Lobcity · **on:** Jun 29, 2018

The big tradeoff refers to the point that governmental redistribution of income causes

A) less efficiency because it weakens incentives to work.
B) less efficiency because it strengthens incentives to work.
C) more efficiency because it weakens incentives to work.
D) more efficiency because it strengthens incentives to work.

Question 2

The present value of 100 to be received in a year is

A) less than 100 and falls as the interest rate rises.
B) less than 100 and rises as the interest rate rises.
C) more than 100 and falls as the interest rate rises.
D) more than 100 and rises as the interest rate rises.