What economic policy would increase the Gini coefficient?
a. Raise the minimum wage.
b. Increase the income taxes of the rich.
c. Increase unemployment benefits.
d. Lower the minimum wage.
e. Raise price floors for farmers.
D
Economics
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Marginal cost is the increase in total ________ that results from a one-unit increase in ________
A) fixed cost; the fixed input B) cost; output C) variable cost; the variable input D) fixed cost; output
Economics
If labor costs rise at the same time that the federal government decreases its purchases, in the short run
A) aggregate output and the price level will both increase. B) aggregate output will increase, but the price level will fall. C) aggregate output and the price level will both fall. D) aggregate output will fall, but the price level may either increase or decrease.
Economics