The global distribution of income is unequal because there is an unequal distribution of O A. land O B. abilities O C. willingness to work hard O D. government intervention in economic life O E. human capital and physical capital

Q: income quintile 0-20% 20-40% 40-60% 60-80% Share of income earned, Country A 5% 12% Share of income…

A: Income inequality has been a major problem for many countries across the world. Income inequality…

Q: 22) Margaret was born in 1952. She is a wealthy Florida native. As she ages, Margaret spends much of…

A: As baby boomers age, industries like tourism/travel, finance & planning, and health…

Q: Who is poor? Why does poverty still exist?

A: Poverty: It refers to a situation under which the individuals are unable to fulfill their basic…

Q: 14. In which form, the largest percentage of national income is earned?

A: To find : Form in which largest percentage of national income is earned.

Q: A nation's citizens often dislike the economy's distribution of income. Explain two methods for…

A: Equal distribution of income occurs when all the sections of the society are able to improve their…

Q: Role pf households in goods market and labour market

A: The circular flow model represents societal money flow. Money moves from producers to employees as…

Q: What is a good example of the effect of human capital on income? O A Workers who learn to make high…

A: Human capital includes skills, education, and knowledge that adds up to giving value to the company…

Q: How does an increase in labor-productivity increase income? a. An increase in productivity,…

A: The labor market illustrates how the interaction between the employers and the employees determines…

Q: Q-what are some of the dimensions of economic inequality and what is considered income? Page 3…

A: The term "income inequality" is an uneven distribution of income throughout its population. Thus, it…

Q: What is the Gini Coefficient and how is it useful for a third world country. b. Using the following…

A: Macroeconomics refers to the branch of economics that deals with the economy as a whole.

Q: What are the two components of the user cost of capital? Use an example capital good to explain.

A: The capital is the asset which is used to produce other goods or make the production easier. It is…

Q: There is evidence that income per worker is converging in A) the richest countries and the poorest…

A: The measure of the amount of income that is being earned per person in a geographic region or nation…

Q: 25. Since 1960, the U.S. ratio of labor income to total income has: a. been about 2.5 to 1. b.…

A: The ratio of labor income to total income (RL) can be calculated as follows.

Q: 1. If 80% of households earn 55% of the income, what percent of income does the richest quintile…

A: Lorenz curve is the graphical representation that shows the income inequality. The horizontal axis…

Q: Select all that apply Which of the following are accurate statements about recent trends in the…

A: In the United States, it can be said that the the income of the rich and poor people shows a…

Q: Part C. Study the circle graph and table below to get answers to the questions that follow. Noroor…

A: The above Pie chart shows us the data of poverty in America in the decade of 1970s. From the given…

Q: Which of the following concepts best describe ‘social capital’?  (a)  Skills and qualifications.…

A: 'Social capital' refers to shared values, ideas, information and opportunities, along with trust in…

Q: Identify the earners of the following income. 1. Rent 2. Salaries 3. Taxes 4. Dividends 5. Tips 6.…

A: The answer to the question are is follows :

Q: The question am asking is based on the capabilities approach developed by A. Sen. My question is Why…

A: Human development refers to improvement in quality of life and reduction in inequalities. Following…

Q: One way that the positive correlation between education and higher earnings can be interpreted is…

A: It is true that there exist a positive correlation between education and higher earning.

Q: Pls help with below homeowrk-) Using a graph or equation, discuss the basic human capital…

A: Human capital investment models embody Associate in Nursing initial value of constructing the…

Q: In the late 180o's, office work became a much steadier means of employment for most members of which…

A: Colonial Occupations are when a country is occupied by another country. Some occupation names, such…

Q: What does the positive and statistically significant correlation suggest about real income per…

A: Per capita income is measured by dividing the total income of a nation by its total population. It…

Q: 8.4 Describe the distribution of income andwealth in the United States.

A: There are different indicators to measure the performance of the economy. The income of the economy…

Q: List some reasons why household income differ. Which factor is the most important

A: Household Income The overall gross income of all people who live in the same house is referred to as…

Q: Education is related to income, in general. O True O False

A: Education is referred to as the process of gaining knowledge through either an organisation or by…

Q: 00 96 5 Which of these is NOT a traditional cause of poverty? O technological change and…

A: Poverty refers to the inability of an individual or a family to secure basic needs.

Q: How do American's beliefs about the ideal distribution of wealth compare to their perception of the…

A: They found that Americans believe that the wealth distribution is dramatically under is really the…

Q: 7. What is the name of this chart below? A. Table, B. Curve Line Chart, C. Bar Chart, D. Pie Chart…

A: Chart shows the graphical representation of data.

Q: Country A Country B Income Percent of Percent of Percent of Percent of class families income…

A: Country A Percent of families cumulative of Percent of families Percent of total Income…

Q: A10. What is “relative inequality” and how is it measured? How is relative inequality different to…

A: Relative inequality The disproportionality of income is referred to as relative income disparity.…

Q: 4. Suppose country A has the following cumulative distribution of income: Cumulative Cumulative…

A: Solving questions below

Q: In a factory employing 3,000 persons, in a day 5 per cent work less than 3 hours, 580 work from 3:01…

A:

Q: Most of the jobs that were added to the American economy over the past thirty years were in which of…

A: The phrase "blue collar" was coined because people who performed physical labour in the past wore…

Q: What is Universal Basic Income? Has it been proposed/supported in the past and by who? What are the…

A: Universal Basic Income refers to a minimum amount of money which is to be provided by the government…

Q: O A. improvements in technology does not improve standards of living. O B. increases in land use…

A: A pessimistic long run Malthusian always results that the population control does not increase the…

Q: Indigenous people are ranked among the lowest income groups in Canada. O True O False

A: Indigenous economies relate to indigenous peoples' traditional and local economic systems.These…

Q: When the earned income of poor people increases to be equal to disposable income the transfer from…

A: The amount of money that a person or household has available for spending or saving after income…

Q: Which statement is correct? Select one: O a. The Gini coefficient ranks the U.S. 4th highest in…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is the formula of the per capita income given example of it please?

A: According to the given question Per capita income is basically considered as an income per head of…

Q: sic income in

A: Positive statements are statements that are based upon facts and such statements could not either be…

Q: What is the individual’s human wealth? Total wealth?

A: Wealth: It is the estimation of the relative multitude of assets that are controlled by an…

Q: WHAT ARE SOME POLICIES THAT A GOVERNMENT CAN IMPLEMENT TO REDUCE INCOME INEQUALITY? SELECT ALL THAT…

A: Income inequality is how unevenly pay is circulated all through a populace. The less equivalent the…

Q: Which one among the following is private income? a. Wages of employees b. Government income c.…

A: Private Income :  Private Income means a total income that is generated by the various sources and…

Q: An example of a transfer payment is which is in GDP. O a paycheck for a member of the National…

A: GDP measures the market value of goods and services produced within an economy in a given period of…