Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 21 - Income Inequality, Poverty, and Discrimination - Discussion Questions - Page 486: 7

Answer

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Work Step by Step

The question of how income should be distributed is broad and largely based on personal opinions. Opinions range from those who believe that the wealthy should be able to keep all of their money because they earned it to those who believe that money should be evenly distributed.
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