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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
Your textbook argues that the phrase "the distribution of income" is misleading because
A) income is not created in a market economy, only wealth is.
B) it suggests that income is not earned in process of its creation and can simply be parceled out any which way policymakers wish.
C) income in the form of wages and salaries can be negative, and therefore cannot be distributed.
D) it is only related to ethical rather than economic considerations.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SydnieSydnie
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Posts: 3807
8 years ago
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Sublight2097 Author
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8 years ago
Seriously, you've been tremendously helpful! Thank you.
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4 years ago
Thank you
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3 years ago
Thank you
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3 years ago
Thanks
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3 years ago
Thank you!
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thank you
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3 years ago
Thanks!
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