Economics 2281 · O Level · Living standards

Living standards — practice question

A government raises the rate of progressive income tax and also increases its expenditure on hospitals. What is likely to occur to the distribution of income and to living standards?

  • Adistribution of income becomes less even; living standards fall
  • Bdistribution of income becomes less even; living standards rise
  • Cdistribution of income becomes more even; living standards fall
  • Ddistribution of income becomes more even; living standards rise

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