In a number of high-income economies, rising income inequality has resulted in higher poverty levels. Which mix of policies would be intended to lessen income inequality?
- Afiscal policy: decrease corporation tax; supply-side policy: create more competition
- Bfiscal policy: increase income tax; supply-side policy: reduce the power of trade unions
- Cfiscal policy: increase inheritance tax; supply-side policy: increase the national minimum wage
- Dfiscal policy: increase sales tax; supply-side policy: privatise more public sector firms