Which of the following REDUCES equality of income or wealth relative to the market distribution?
A) government payments to the poor
B) a regressive income tax
C) high taxes on bequests
D) non-assortative mating
B
Economics
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Market failure: A case in which the __________ of govt intervention causes too much/not enough of a good to be produced at a ______ which is not ________________
Fill in the blank(s) with the appropriate word(s).
Economics
When the price of perfume changes from $24 to $26, the quantity supplied increases from 100 jars to 150 jars. What is the elasticity of supply of perfume?
A) 0.04 B) 25.0 C) 5.0 D) 0.2
Economics