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

Browse all Income Inequality MCQs

Mariam has a higher income than Seamus, and she obtained her earnings justly and honestly. Which political philosophy would oppose redistributing income from Mariam to Seamus?

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

Choose the correct answer

Explanation

Libertarianism emphasizes individual property rights and opposes income redistribution when earnings are acquired fairly, making it the philosophy that would reject transferring wealth from Mariam to Seamus.

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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