Business, 07.11.2019 21:31, Bloom247

In the parable of the leaky bucket, a fundamental problem with government redistribution programs is identified. as long as the government only has "leaky buckets" at its disposal, a. the costs of welfare programs will exceed the benefits. b. it should not try to reach complete equality in income. c. income equality will be the best policy option. d. equality of economic opportunity will reduce society’s utility.

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In the parable of the leaky bucket, a fundamental problem with government redistribution programs is...