Answered: What is the main goal of redistribution…

What is the main goal of redistribution policies in welfare economics? A. To increase government revenue B. To reduce income inequality C. To maximize consumer surplus D. To minimize deadweight loss

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter33: Income, Income Distribution, And Poverty

Section: Chapter Questions

Problem 9E

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What is the main goal of redistribution policies in welfare economics? A. To increase government revenue B. To reduce
income inequality C. To maximize consumer surplus D. To minimize deadweight loss

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