Which of the following is most likely to occur when the government enacts policies to make the distribution of income more equal?

Question

Quizplus · Accepted Answer

When the government enacts policies to make the distribution of income more equal, it often involves redistributive policies such as progressive taxation, social welfare programs, and minimum wage laws. These policies can create disincentives for individuals to work and innovate. Therefore, a distortion of incentives is the most likely outcome. While it is possible that some individuals may change their behavior in response to the policies, it is not a guaranteed outcome, and a more efficient allocation of resources is not necessarily a direct result of income redistribution policies.

Which of the Following Is Most Likely to Occur When