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Author Question: The ________ explains that the redistribution of income occurs because ________. (Read 256 times)

vicky

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on: May 24, 2019
The ________ explains that the redistribution of income occurs because ________.
◦ median voter theory; a political party is more likely to retain power by enacting laws that make its supporters as well off as possible
◦ utilitarian theory; the big tradeoff favors efficiency
◦ excess burden theory; utilitarianism favors equality over efficiency
◦ Lorenz curve; the lowest quintile of households receives the smallest level of benefits
◦ progressive tax theory; higher taxes are best at equalizing income
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by vicky on May 24, 2019

laurnthompson

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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vicky

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Reply 2 on: May 24, 2019
Excellent

FergA

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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