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Questions and Answers
What did John Angle describe as the cause of wealth distribution?
What did John Angle describe as the cause of wealth distribution?
- The free market
- The redistribution of wealth
- The imbalance between the rich and the poor
- Pairwise transactions among economic agents (correct)
What is the relationship between the free market and wealth redistribution?
What is the relationship between the free market and wealth redistribution?
- The free market is an economy without redistribution of wealth (correct)
- The free market is a form of wealth redistribution
- The free market and wealth redistribution are unrelated
- The free market encourages wealth redistribution
What is the long-term effect of the free market on wealth distribution?
What is the long-term effect of the free market on wealth distribution?
- Wealth distribution fluctuates unpredictably
- Wealth is distributed more evenly
- Inequality inevitably grows more pronounced (correct)
- Wealth remains constant
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