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25. The Meltzer-Richard Hypothesis explains holds that: a. Redistribution policies may harm the growth of government expenditure in a planned economy b. income is allocated
25. The Meltzer-Richard Hypothesis explains holds that: a. Redistribution policies may harm the growth of government expenditure in a planned economy b. income is allocated on the basis of a voting majority that is influenced by the median voter c. there is no pressure for redistributing income if the median voter earns the average income d. Redistribution benefits those who cannot vote
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