Answered: 1. Give 2 main causes of income…

1. Give 2 main causes of income inequality in the Philippines & explain each of them thoroughly. 2. Discuss 2 ways of solving income inequality in the Philippines.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter15: Poverty And Economic Inequality

Section: Chapter Questions

Problem 40CTQ: To reduce income inequality, should the marginal tax rates on the top 1 be increased?

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1. Give 2 main causes of income inequality in the Philippines & explain each of
them thoroughly.
2. Discuss 2 ways of solving income inequality in the Philippines.

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