Which statement is true? (LO 1 , 3 )

a) If we redistributed income every year so that everyone would get the same amount, this would hurt the effi ciency of our economy.

b) Virtually everyone agrees that we should redistribute most of the income received by the rich to the poor.

c) The poor get a great deal more satisfaction from each additional dollar of income than the rich.

d) There is no relationship between the distribution of income and economic incentives.