Question
Consider the following grading system for a hypothetical economics class. Students earn a letter grade depending on how many course points they earn (i.e. higher
Consider the following grading system for a hypothetical economics class. Students earn a letter grade depending on how many course points they earn (i.e. higher than 90 is an A, etc.). There is no required redistribution of grades, but students with a higher letter grade may voluntarily give up a letter grade to students with a lower letter grade. In terms of income distribution, which economic system is most comparable to the grading system described above?
Group of answer choices
Capitalism.
Communism.
Socialism, or a mixed economy.
Anarchy.
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