Table of Contents Part 2 of 2-Chapter 19 Question 14 of 16 1.? Which of the foll

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Table of Contents Part 2 of 2-Chapter 19 Question 14 of 16 1.? Which of the following statements is correct regarding policies on inequality? O A. Japan has a more equal society compared to the US due to its large equalizing effect of taxes and transfers. O B. Providing high-quality education to citizens is a way of raising the endowments of less well off people C.An increase in the minimum wage increases unemployment, leading to higher inequality unambiguously 0 D. Non-compete contracts mean that workers can demand higher wages, leading to reduced inequali Reset Selection

Explanation / Answer

Providing quality education can reduce inequality by providing job opportunities to the the backward class.

The tax system of Japan enables it to reduce the level of inequality in the country.The inequality in Japan is low compared to the US.

Answers-A and B

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