Description
Unformatted Attachment Preview
Purchase answer to see full attachment
Explanation & Answer
View attached explanation and answer. Let me know if you have any questions.
Response
Using UBI to reduce inequality is a great idea. However, as you note, it has to be done
correctly. There should be consideration of the best way to address the inequality without a
significant toll on the economy. The precarious situation brought about by COVID also showed
how vulnerable most people in the world are. The sustainability of the UBI program is also
another critical point of interest. There is also the matter of inflation which we should be
concerned about. Therefore, it is necessary to carry out an analysis on the best approach. Several
countries have experimented with a form of income for the poor to su...