Government policies designed to equalize the distribution of economic well-being include
(i)the welfare system
(ii)unemployment insurance
(iii)progressive income tax
A)(i) only
B)(ii) only
C)(i) and (ii) only
D)(i), (ii), and (iii)

Question

Quizplus · Accepted Answer

All three options are government policies aimed at redistributing economic resources to promote equality. The welfare system provides financial assistance to those in need, unemployment insurance offers temporary income to unemployed individuals, and a progressive income tax imposes higher tax rates on higher income earners to reduce income inequality.

Government Policies Designed to Equalize the Distribution of Economic Well-Being