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schepotkina [342]
4 years ago
11

How can the government reduce the wealth gap in a mixed market economy

Business
1 answer:
Alexxx [7]4 years ago
6 0
The government can control income levels by placing limits on how much citizens can earn. The government can eliminate minimum wages for workers to account for economic differences.
You might be interested in
The list provided by the International Trade Administration to a potential exporter with the names and addresses of potential di
Marta_Voda [28]

Answer: Best prospects list

Explanation: The best prospects list is usually issued to potential exporters by the International Trade Organization which serves functions such as facilitating trade operations between countries by eliminating several trading issues such as negotiating and reducing trade tariff, regulating restrictive policies and also providing useful information necessary for successful trading to traders.

The provision of best prospects list offers firsthand information to potential traders about available and certified markets and distributor information which could facilitate ease of trading.

4 0
3 years ago
Which is a correct statement regarding sandwich prices,<br><br> based on the histogram?
Fudgin [204]

Answer:

Which is a correct statement regarding sandwich prices, based on the histogram? The distribution of sandwich prices is skewed left.

i hope this helps<3 :)

4 0
3 years ago
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
bixtya [17]

Answer:

Georgeland has an absolute but not a comparative advantage in producing clothing.

Explanation:

Absolute advantage is defined as the ability of a firm to produce higher amounts of a product as a result of use of the same resources with other competitors. It is usually bad a result of more efficient production process.

Comparative advantage is the ability of a firm to produce goods at a lower opportunity cost. Therefore they are able to sell at lower price compared to competitors.

Georgeland can produce 18 units of clothe per year while Alland can produce 16 units per year, so Georgeland has absolute advantage.

In producing clothes Georgeland has opportunity cost of 36 units of food which is higher than that of Alland which is 32 units of food. So Georgeland does not have comparative advantage in producing clothes.

3 0
3 years ago
Some of the world's most memorable advertising campaigns have achieved success because they originate from an idea that is so bi
Sphinxa [80]

Answer:

"Legs"

Explanation:

When a campaign is said to have legs it means that it has staying power.

Having legs means a concepts ability to remain flexible and grow while maintaining an entitie's brand and identity.

Such campaigns work in whatever medium you decide to use. For example digital media, radio and television.

It should be a concept that is replicable over the life of the campaign

3 0
4 years ago
The percentage which is the sum of the discount rate, the effective tax rate and the recapture rate representing the relationshi
Savatey [412]

Answer:

Capitalization rate

Explanation:

Capitalization rate is a rate mostly used in real estate valuation that is used as a standard to compare a variety of real estate investments. It is calculated in percentage and in terms of the ratio of the net operating income provided or produced by an asset to the original cost or market value of the of the asset.

Cheers.  

7 0
3 years ago
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