Economics 9708 · AS & A Level · Short-run costs

Short-run costs — practice question

Which policy is most likely to be the least effective way of creating a more equal income distribution among households?

  • Athe imposition of minimum wage levels below the levels produced by the market
  • Bthe introduction of progressive personal income taxes
  • Cthe payment of child benefits to low income households
  • Dthe removal of sales taxes on food consumed by lower income households

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