A utilitarian believes that the redistribution ofincome from the rich to the poor is worthwhile aslong asa. 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 nottoo large.
A utilitarian believes that the redistribution ofincome from the rich to the poor is worthwhile aslong asa. 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 nottoo large.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
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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