MICRO Aims: 1. Reduce Income Inequalities

Question 1

Explain why INCOME INEQUALITY is regarded as an example of market failure.

Answer 1

Question 2

FISCAL POLICIES (Demand Side Policies) to reduce Income Inequalities

Answer 2

Question 3

MONETARY POLICIES (Demand Side Policies) to reduce Income Inequalities

Answer 3

Question 4

SUPPLY-SIDE POLICIES to reduce Income Inequalities

Answer 4