A likely effect of government policies that redistribute income and wealth from the wealthy to the poor is that those policies
A)enhance equality.
B)enhance efficiency.
C)increase the reward for working hard.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

Government policies that redistribute income and wealth from the wealthy to the poor enhance equality by reducing the income and wealth gap between the rich and the poor. Although these policies may not necessarily enhance efficiency or increase the reward for working hard, the primary effect is on reducing inequality.

A Likely Effect of Government Policies That Redistribute Income and Wealth