Author Question: Which of the following are possible justifications for government redistribution of income? a. ... (Read 31 times)

acc299

  • Hero Member
  • *****
  • Posts: 569
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.



krakiolit

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

b

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

For a complete list of videos, visit our video library