Multiple Choice
Which of the factors below does not influence the distribution of income?
A) government policies such as minimum wage
B) the presence of labour markets
C) preferences of the actors involved
D) the distribution of talent
Correct Answer:
Verified
Correct Answer:
Verified
Q50: An efficient transfer mechanism:<br>A)attempts to transfer as
Q51: Economists rank various methods of redistribution:<br>A)by their
Q52: In competitive markets, economic actors are paid
Q53: Minimum wages typically apply to unskilled workers.
Q54: Suppose that the equilibrium wage in the
Q56: The size of everyone's slice of the
Q57: Explain why wage differentials based solely on
Q58: Most labour markets are characterized by:<br>A)mechanisms similar
Q59: Which of the following are not determinants
Q60: The challenge facing redistributionists is to redistribute