Economics 0455 · IGCSE · Fiscal policy

Fiscal policy — practice question

A government raises the rate of income tax to fund extra transfer payments, including cash benefits for the poor. What must happen as a consequence of this?

  • AIt changes the distribution of income.
  • BIt ensures the equality of incomes.
  • CIt leads to more people paying income taxes.
  • DIt reduces the level of unemployment.

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