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Microeconomics: Private and Public Choice (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST1: Government Spending And Taxation
Section: Chapter Questions
Problem 5CQ
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1. In the United States, the inequality resulting from earned income is ____________ the inequality resulting from accumulated wealth.

A. greater than
B. less than
C. exactly equal to
 
2. The act of spreading the cost for legislation across the whole economy that only benefits a single political district is known as
A. pork-barrel spending.
B. logrolling.
C. the median voter theory.
D. the theory of rational ignorance.
E. a voting cycle.
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