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.Management Sciences
A. a means tested cash benefit
B. a universal (social insurance based) benefit
C. a benefit in kind
D. none of the above
Related Mcqs:
- Utilitarianism suggests that the government should choose policies that maximize the total utility of everyone in society by ?
- A. redistributing income from rich to poor because this is what the members of society would choose to do if they were behind a veil of ignorance B. redistributing income from rich to poor because due to the diminishing marginal utility of income, taking a pound from the rich reduces their utility by less than … Utilitarianism suggests that the government should choose policies that maximize the total utility of everyone in society by ?Read More...
- Rawls’s miximin criterion does not mean that there should be redistribution so as to equalise everyone’s incomes in society because ?
- A. Such redistribution would mean that those who worked hard were no better off than those who were lazy and this would be unfair. B. such redistribution would not maximize the total income of all members of society C. Such redistribution would remove the incentive to work hard, so society’s total income would fall, and … Rawls’s miximin criterion does not mean that there should be redistribution so as to equalise everyone’s incomes in society because ?Read More...
- The Gini coefficient is ?
- A. the ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families B. the most common way of representing the income distribution graphically C. a commonly used measure of the degree of inequality in an income distribution … The Gini coefficient is ?Read More...
- The greatest advantage of a negative income tax is that it ?
- A. generates a smaller disincentive to work than most alternative anti-poverty policies. B. reduces the cost to the government of fighting poverty C. would not provide benefits to lazy people D. ensures that the poor actually receive what the government thinks they need does all these answers....
- VAT is a good example of which kind of tax ?
- A. specific B. Direct C. Ad valorem D. Excise duty...
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