Which of the following policies would be the most likely to have the effect of increasing income inequality. a) increasing the interest rate on bank loans b) switching from a regressive system to a progressive tax system. C) lowering taxes on income from interest earned on investment d) Increasing the nations per capita income e) Taking inheritance and using the revenue to provide college scholarship
Which of the following policies would be the most likely to have the effect of increasing income inequality. a) increasing the interest rate on bank loans b) switching from a regressive system to a progressive tax system. C) lowering taxes on income from interest earned on investment d) Increasing the nations per capita income e) Taking inheritance and using the revenue to provide college scholarship
Chapter33: Income, Income Distribution, And Poverty
Section: Chapter Questions
Problem 12E
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Which of the following policies would be the most likely to have the effect of increasing income inequality.
a) increasing the interest rate on bank loans
b) switching from a regressive system to a progressive tax system.
C) lowering taxes on income from interest earned on investment
d) Increasing the nations per capita income
e) Taking inheritance and using the revenue to provide college scholarship
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