A utilitarian believes that the redistribution of income from the rich to the poor is worthwhile as long as a. the worst-off members of society benefit from it. b. those contributing to the system are in favor of it. c. each person’s income, after taxes and transfers, reflects his marginal product. d. the distortionary effect on work incentives is not too large.
Principles of Economics (MindTap C...
Principles of Economics (MindTap C...
A utilitarian believes that the redistribution of income from the rich to the poor is worthwhile as long as
a. the worst-off members of society benefit from it.
b. those contributing to the system are in favor of it.
c. each person’s income, after taxes and transfers, reflects his marginal product.
d. the distortionary effect on work incentives is not too large.
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