Which of the following will reduce inequality?

Question

Quizplus · Accepted Answer

This option represents a decrease in inequality where both the poor and rich earn less, but the decrease in earnings for the rich is proportionately higher. This means that the earnings gap between the two groups narrows, leading to a more equal distribution of wealth. Options A and C both involve an increase in earnings for both groups, which would further widen the gap between the rich and poor. Option D involves a decrease in earnings for the poor that is proportionately higher, potentially leading to a more unequal distribution of wealth.

Which of the Following Will Reduce Inequality