2532EconomicsMedium
Utilitarianism suggests that the government should choose policies that maximize the total utility of everyone in society by?
Aredistributing income from rich to poor because due to the diminishing marginal utility of income, taking a pound from the rich reduces their utility by less than the gain in utility generated by giving a pound to the poor
Ballowing each individual to maximize their own utility without interference from the government
Credistributing income from rich to poor because this is what the members of society would choose to do if they were behind a veil of ignorance
Correct answer
A. redistributing income from rich to poor because due to the diminishing marginal utility of income, taking a pound from the rich reduces their utility by less than the gain in utility generated by giving a pound to the poor
Explanation
The correct answer is redistributing income from rich to poor because due to the diminishing marginal utility of income, taking a pound from the rich reduces their utility by less than the gain in utility generated by giving a pound to the poor.