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Chapter 5

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Chapter 5

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The Range of Policy Options:<br />

Some Basic Considerations<br />

• Policy options<br />

– Changing relative factor prices<br />

– Progressive redistribution of asset ownership<br />

– Progressive taxation<br />

– Transfer payments and public provision of<br />

goods and services<br />

Copyright © 2009 Pearson Addison-Wesley. All rights reserved. 5-38

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