Perhaps the most compelling argument against the redistribution of income is that __________.
a. it does not work
b. it is unfair
c. we cannot afford it
a. it does not work
You might also like to view...
Wealth is the same as:
A. assets. B. capital gains. C. net worth. D. savings.
If total profit is at a maximum, then average profit is zero.
Answer the following statement true (T) or false (F)
Which of the following will shift the aggregate demand curve outward?
a. tax cuts and government spending cuts b. tax increases and government spending increases c. tax cuts and government spending increases d. tax increases and government spending increases
Which of the following statements is correct?
a. The more similar Firm A's product is to Firm B's product, the more likely Firm A is to advertise. b. Monopolistically competitive firms advertise in order to increase the elasticity of the demand curve they face. c. According to the signaling theory, the more product information an advertisement contains, the more effective it is. d. Brand names may help consumers if they provide information about the quality of a product when acquiring such information is difficult.