Asked by
claritza lozano
on Nov 13, 2024Verified
According to the textbook, why might redistributive policies such as progressive income tax not have much effect on the roots of economic inequality?
A) Because they have little effect on the rich.
B) Because they have little effect on the distribution of wealth.
C) Because they have little effect on the distribution of income.
D) Because they have little effect on the poor.
Redistributive Policies
Government policies designed to redistribute wealth and resources from one segment of the population to another, typically from the wealthier to the less wealthy.
Economic Inequality
The unequal distribution of wealth, income, and access to resources within a society, leading to disparities in living standards.
- Comprehend the influence of taxes and government regulations on the disparities in income distribution.
Verified Answer
KN
Learning Objectives
- Comprehend the influence of taxes and government regulations on the disparities in income distribution.
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