The notion of utilitarian justice is that
A. any change that makes some people better off without making anyone worse off should be undertaken.
B. income should be distributed so that the well-being of the worse-off member of society should be maximized.
C. income should be distributed according to an individual's needs.
D. through income redistribution, the rich sacrifice a little and the poor gain a lot.
Answer: D
You might also like to view...
"I really enjoy watching movies. The first one is best. After that I still enjoy movies but the last one is not as much fun to watch as the one before it." This statement reflects the
A) principle of diminishing total utility. B) principle of diminishing marginal utility. C) principle of increasing marginal utility. D) law of supply.
An increase in the equilibrium quantity of good X can be caused by
A) an increase the price of inputs utilized in producing good X. B) an increase in the price of good X. C) a technological improvement in the process of producing good X. D) a reduction in the number of producers of good X.
Public education is priced below market price largely as a result of
A) government subsidy programs. B) under-funded public education. C) rising test scores by students. D) taxpayers who contribute little to the funding of public education.
Reserves that banks are required by law to keep on hand to back up their deposits are called
a. required reserves. b. borrowed reserves. c. actual reserves. d. excess reserves.