Government uses all of the following ways to redistribute...
Government uses all of the following ways to redistribute income, except
Market intervention
Transfer earnings
Limited liability
Taxation
Correct answer is C
Limited liability is not a mechanism Government use to redistribute income. Government redistribute income in the following ways: taxation, welfare, public services, land reform, monetary policies etc.
The major characteristics of an undeveloped nation is ...
Proportional tax refers to ...
Economist speaks about ‘opportunity cost’ when a consumer ...
An example of an expansionary fiscal policy action is ...
Mono-product economies are those that ...
An economy in which both the public and private sectors contribute to economic growth is as ...
Since money is demanded for what it can buy, the demand is said to be ...
What is the median quantity? ...
If the price per unit is N2, what is the average revenue when 6 men are employed? ...