. Government raising taxes to increase redistribution of income to improve equality results in incentives to work harder so you can give more of your income to the government. greater efficiency because the government is better at deciding what to do with your fairly earned income than you are. reduction in the reward for working hard, less efficiency, and more unemployment. All of the answers are correct.

. Government raising taxes to increase redistribution of income to improve equality results in incentives to work harder so you can give more of your income to the government. greater efficiency because the government is better at deciding what to do with your fairly earned income than you are. reduction in the reward for working hard, less efficiency, and more unemployment. All of the answers are correct.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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