What arguments justify people living off interest derived income?
Answer to relevant QuestionsWhat explains differential rent? When Sears decides to move from its downtown location to a shopping mall on the outskirts of town, some people suffer loss of rent, while others end up getting more rent. Why? From time immemorial, religious writers and philosophers have considered income inequality a troublesome fact of life and have offered ideas concerning that problem. Discuss. The case for equality can be made on the grounds that it generates the greatest total utility for soci ety. Explain. What is cost-push inflation? What might cause it?
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