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Which of the following concepts in economics supports the idea of government redistribution of wealth (ie...

Which of the following concepts in economics supports the idea of government redistribution of wealth (ie taxing people and giving the money to someone else)?

MPC

concern for overall social balance

need to keep budget deficits low

CPI value of the dollar

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Answer #1

The concern of keeping the overall social balance of the society in the economy force the government to tax the rich and give the money to the poor in the market. The answer is "B".

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