question archive To say that government intervenes in the economy to promote equality is to say that government is aiming to: A) create a more fair distribution of income, B) change the ingredients that are used to "bake" the economic pie, C) enlarge the economic pie, D) All of the above are correct
To say that government intervenes in the economy to promote equality is to say that government is aiming to: A) create a more fair distribution of income, B) change the ingredients that are used to "bake" the economic pie, C) enlarge the economic pie, D) All of the above are correct
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To say that government intervenes in the economy to promote equality is to say that government is aiming to:
A) create a more fair distribution of income,
B) change the ingredients that are used to "bake" the economic pie,
C) enlarge the economic pie,
D) All of the above are correct.
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The correct answer is A) create a more fair distribution of income.
- in other words, taking steps to promote economic equality is not about enlarging the pie (i.e. the total income in the economy), but rather to split up that pie in a more representative and fair manner. The pie itself is not changed, but rather what is changed is how the pie is shared.
