Economy, asked by tdaruwala19, 2 months ago

Q.1 _____ is an effective instrument
with the fiscal authority to
distribute income equally.​

Answers

Answered by padmanabhajuad
0

Answer:

takes is answer

Explanation:

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Answered by Anonymous
0

Taxes are an effective instrument  with the fiscal authority to  distribute income equally.​

  • Incomes of people is different depending upon the education and location. Some individuals have more wealth than others and wealth distribution is more unequal than that of income is another explanation for income inequality.
  • The degree to which improvements in consumer income inequality contribute to a more or less equitable distribution of disposable income depends on the willingness of taxes and transfers to be shared.
  • Progressive tax and welfare schemes by the government minimise the disparity by shifting wealth from high to low income families.
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