Explain why the productivity standard for the distribution of income entails rewarding people based on their contribution

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Explain why the productivity standard for the distribution of income entails rewarding people based on their contribution to society's total output. Why does the productivity standard typically fail to yield an equal distribution of income?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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