Economics (AS & A Level) · Oct / Nov 2022 · Paper 32 · Question 15
9708Addressing income and wealth inequality
Which policy is likely to be the least effective means of producing a more equal distribution of income amongst households?
- Athe imposition of minimum wage levels below the levels produced by the market
- Bthe introduction of progressive personal income taxes
- Cthe payment of benefits to low income households
- Dthe removal of sales taxes on food consumed by lower income households
As printed in the paper
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Correct answer: A. the imposition of minimum wage levels below the levels produced by the market
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