Economics 9708 · AS & A Level · Taxes and subsidies

Taxes and subsidies — practice question

Adjustments to a government’s welfare policies lower the number of people who qualify for welfare benefits. Why could these adjustments decrease income inequalities and the extent of poverty?

  • ANot everyone takes up the benefits for which they are eligible.
  • BSome benefit recipients misspend the money they receive.
  • CThose who lose their benefits will have a greater incentive to find employment.
  • DThose who lose their benefits will pay less tax.

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