--%>

Transfer payments and progressive tax policy

Transfer payments and progressive tax policies are being determinate to: (w) reduce disparities in the distributions of income and wealth. (x) shift the Lorenz curve toward a position of less income equality. (y) have no net effect on income equality due to “loopholes.” (z) transfer income from workers to capitalists.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Firm under perfect competition The firm

    The firm beneath perfect competition is a price taker by the reasons shown below:A) Number of firms: The number of firms beneath perfect competition is so big that no individual firm by changing sale, can cause an

  • Q : Short run in Substitution process In

    In the short run, simple and cheap new cures for cancer and heart disease would most likely decrease the: (i) Gains of tobacco companies. (ii) Absentee rates of nearly all young workers. (iii) Demands for the hospital beds in intensive care units. (iv) Supplies of doc

  • Q : Drive rivals out of business A firm may

    A firm may temporarily lower prices as well as earn negative profits in trying to: (w) drive rivals out of business. (x) find rivals to lower prices. (y) maximize current profit. (z) A rational firm would not do this.

    Q : Positively sloped long run industry

    A purely competitive industry produces a positively-sloped long-run industry supply curve when the industry: (i) includes only firms which experience diseconomies of scale. (ii) is an increasing cost industry. (iii) experiences technological advances

  • Q : Problem on implicit belief in a moral

    Can someone please help me in finding out the accurate answer from the following question. Assume that when faced with the Faustian option [that is, a deal with the devil] of torturing an naive child in the interest of securing world peace and an end to global hunger,

  • Q : Total variable costs in monopolistic

    When this firm produces 5,000 units of output monthly in this demonstrated figure, in that case its total variable costs equal as: (w) $75,000 per month. (x) $15,000 per month. (y) $18,000 per month. (z) $3,000 per month.

    Q : Pricing for profit-car parking The

    The owner of a city centre car park desires to know the best price to charge for parking throughout office hours on weekdays. On a usual weekday, the car park is at present only half full.

  • Q : Primary functions of money Elucidate

    Elucidate the Primary functions of money. Answer: Primary functions: 1) Medium of Exc

  • Q : Prohibition in financial intermediaries

    Financial intermediaries are not: (1) channels linking parties who want to save to parties who want to invest. (2) restricted to serving primarily large savers and investors. (3) more significant in determining the U.S. money supply than all are produ

  • Q : Corporate Taxes-Disadvantages of a

    One of the major disadvantages of the corporation is: (i) Double taxation of its gains. (ii) Its incapability to outlive the death of an owner. (iii) Its unlimited liability. (iv) Its inability to increase the financial resources.