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F4: Redistribution and Property Rights

Last updated over 6 years ago

5 questions

1

1

1

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Question 1

1.

The US government taxes individuals and redistributes income from higher income earners to low income earners. Which of the following best describes the goals of this action?

full employment and sustainability

equity and security

efficiency and price stability

growth and freedom

Question 2

2.

Which of the following represents an income redistribution program?

Private School

Housing Assistance

Fire Departments

Police Enforcement

Question 3

3.

Providing well-defined and protected property rights enables an economy to

promote efficient use of resources and economic growth.

equitably distribute all resources.

ensure that all wealth stays in a few hands.

rely on traditional systems and sustenance farming.

Question 4

4.

Patents, copyrights, trademarks, and creative commons are ways that the government

redistributes income to promote equity.

protects intellectual property to provide incentives to innovate.

ensures that earnings from capital are used to promote economic security.

helps high-wage earners remain profitable.

Question 5

5.

- Deeds
-Titles
-Ability to sell/transfer

These are examples of the way government

provides public goods.

protects intellectual property rights.

redistributes income.

protects physical property rights.