Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 20 - Part VI - Income Inequality and Poverty - Quick Check Multiple Choice - Page 431: 4

Answer

B) the station of life each of us was born into is largely a matter of luck.

Work Step by Step

It is of the opinion of Rawls and others that what family people are born into is really a matter of luck. Poor people and people who are born into poor families usually spend less than rich people and people who are born into rich families.
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