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Income Inequalityeconomics-mcqs › income-inequality
Published
1 Jun 2019
Last updated
28 May 2026

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Arrange the following political philosophies—utilitarianism, liberalism, and libertarianism—in order from the one advocating the least income redistribution to the one supporting the most.

Multiple choice question for Income Inequality. Select an option, then review the explanation below.

Choose the correct answer

Explanation

The correct sequence starts with libertarianism, which favors minimal income redistribution, followed by utilitarianism, which supports redistribution to maximize overall welfare, and finally liberalism, which generally advocates the most income redistribution to promote equality.

Practice related questions from the same subject.

  1. 1.Which of the following best describes the Benazir Benefit Income Scheme?
  2. 2.Which category of tax does VAT best represent?
  3. 3.When a tax can be transferred, what determines the actual burden of the tax?
  4. 4.What does tax incidence refer to?
  5. 5.What does a progressive income tax system imply about the tax rate for individuals with higher earnings?

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