Businesses can reduce income inequality by which action?
Adjust minimum wage laws to increase worker pay.
Pass a new tax law that benefits workers.
Provide very high executive compensation.
Commit to paying a living wage to all employees.

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30-11-2022
Business

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Businesses can reduce income inequality by which action?
Adjust minimum wage laws to increase worker pay.
Pass a new tax law that benefits workers.
Provide very high executive compensation.
Commit to paying a living wage to all employees.

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Qwcold Qwcold · Answer 1 · 2022-12-02T19:03:56+01:00

Businesses can reduce income inequality through the action of committing to paying a living wage to all employees. So the correct option is d.

Living wages are calculated by costing the basic needs of a family in terms of food, housing, transport, water, phone cost, clothes, education, health, and other essential needs. So, it means that the wage level which is satisfactory to provide for the basic necessities. Receiving a living wage helps to break cycles of poverty by ensuring that pay is sufficient to cover household essentials as well as occasional emergencies or unexpected expenses.

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Businesses can reduce income inequality by which action? Adjust minimum wage laws to increase worker pay. Pass a new tax law that benefits workers. Provide very high executive compensation. Commit to paying a living wage to all employees.

Respuesta :

Otras preguntas

Businesses can reduce income inequality by which action?
Adjust minimum wage laws to increase worker pay.
Pass a new tax law that benefits workers.
Provide very high executive compensation.
Commit to paying a living wage to all employees.