Progressive taxation and benefit payments

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A system of progressive taxation and benefit payments to households on low incomes will: O a. reduce inequality, move the Lorenz curve further away from the line of equality, and reduce the GINI coefficient. O b. reduce inequality, move the Lorenz curve closer to the line of equality, and reduce the GINI coefficient. O c. reduce inequality, move the Lorenz curve closer to the line of equality, and increase the GINI coefficient. O d. reduce inequality, move the Lorenz curve further away from the line of equality, and increase the GINI coefficient. O e. redistribute income from rich to poor, causing inequality to increase and the Lorenz curve to move further away from the line of equality.

Reference no: EM133077253

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