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Distribution and Redistribution in Economics

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Distribution and Redistribution in Economics

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Questions and Answers

What is the essential function of a company in the context of production?

To minimize inequalities in the distribution of wealth

To produce market goods and services for profit (correct)

To ensure social justice through wealth redistribution

To distribute income equally among all economic agents

Why does the primary distribution of income always generate 'inequalities'?

Due to excessive state involvement in income distribution

Due to the absence of state intervention in wealth redistribution

Because the distribution rules are based on the nature and degree of participation in the production process (correct)

Because economic agents refuse to participate in the production process

What is one of the main functions of the state in the context of income distribution?

To maximize inequalities in income distribution

To correct the 'spontaneous' distribution of income through mechanisms promoting wealth redistribution (correct)

To minimize the role of the state in social balance

To avoid any intervention in wealth redistribution

What does Gross Domestic Product (GDP) measure?

The total market value of all final goods and services produced in a country Signup and view all the answers

What is the primary function of companies in the context of production?

To generate wealth and value-added through the production of market goods and services Signup and view all the answers

What is the main role of the state in the context of income distribution?

To correct the spontaneous distribution of income through mechanisms promoting redistribution of wealth Signup and view all the answers

Why does the primary distribution of income always generate 'inequalities'?

Because it is based on the nature and degree of participation in the production process Signup and view all the answers

What is the essential function of a company in the context of production?

To produce market goods and services intended to be transferred on the market at a price allowing them to make a profit Signup and view all the answers

What does Gross Domestic Product (GDP) measure?

The total value of all goods and services produced within a country's borders Signup and view all the answers

Distribution and Redistribution in Economics

Choose a study mode

Podcast

Questions and Answers

What is the essential function of a company in the context of production?

Why does the primary distribution of income always generate 'inequalities'?

What is one of the main functions of the state in the context of income distribution?

What does Gross Domestic Product (GDP) measure?

What is the primary function of companies in the context of production?

What is the main role of the state in the context of income distribution?

Why does the primary distribution of income always generate 'inequalities'?

What is the essential function of a company in the context of production?

What does Gross Domestic Product (GDP) measure?

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