1. All the studies have shown that there is a redistribution of income from the higher to the lower income groups. 2. Given diminishing Marginal utility of income, more income in one period can not compensate for lower income in another period. 3. Lower income groups use more physical aggression. 4. There are more people at higher incomes applying for apartments and they are squeezing out the people at the lower incomes. 5. What about the effects of lower income tax rates? 6. When consultation rates are matched against incapacity rates, there is evidence that lower income patients under-utilise G.P. services .... 7. With lower incomes, businesses and households will be forced to curtail their investment and consumption spending. 8. Given diminishing marginal utility of income, more income in one period cannot compensate for lower income in another period. |