Assess whether a minimum wage policy is the best way to redistribute income in an economy.

Economics

IGCSE&ALevel

CAIE

Exam No：9708_s25_qp_24 Year：2025 Question No：3(b)

Answer:

3.3.4.1 minimum wage

3.3.4.2 transfer payments

3.3.4.3 progressive income taxes, inheritance and capital taxes

3.4.4 state provision of essential goods and services

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