Economics
JAMB 2023
Government uses all of the following ways to redistribute income, except
-
A.
Market intervention
-
B.
Transfer earnings
-
C.
Limited liability
-
D.
Taxation
Correct Answer: Option C
Explanation
Limited liability is not a mechanism Government use to redistribute income. Government redistribute income in the following ways: taxation, welfare, public services, land reform, monetary policies etc.
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