Economics (AS & A Level) · Feb / March 2022 · Paper 32 · Question 15
9708Equity and redistribution of income and wealth
When is a policy of income redistribution from rich people to poor people most appropriate?
- Awhen control of demand-pull inflation is the priority
- Bwhen equality is valued more highly than efficiency
- Cwhen monetary reward is the best incentive to risk-taking
- Dwhen the rich have higher marginal utility curves than the poor
As printed in the paper
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Correct answer: B. when equality is valued more highly than efficiency
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