Which of the Following Results in the Transfer of Wealth

question 29

Multiple Choice

Which of the following results in the transfer of wealth from consumers to producers?

• A)Provision of efficiency wages
• B)Licensing of doctors and dentists
• C)Provision of compensating wage differentials
• D)Internalization of externalities

---

Definitions:

Mediator

An impartial third party who facilitates a negotiation or conflict resolution process between disputing parties.

Arbitrate

To officially settle a dispute or disagreement between two parties by making a decision as an impartial third party.

Direct Dialogue

A form of communication where parties engage in discussion without intermediaries, focused on clear and immediate exchange.

Third-Party Intervention

The involvement of an external entity in resolving disputes or conflicts between other parties, aiming to facilitate a negotiated solution.