Income inequalities exist in the U.S. What are some policy tools the government could use to try and equalize incomes between wealthier households and poorer households? Describe two policies. Have these policies been successful in the past? Why or why not ?

Q: Which factor affects health? Income Education Medical care All of the above

A: Health refers to the absence of mental and physical illness.

Q: What is the solution to the income disparity between affluent and poor?

A: Income disparity is such a condition which shows amount of total income that is unevenly distributed…

Q: 1. What factors contribute to the differences in median income for various ethnic groups?

A: When analyzing the economic condition of country, it can be seen that the median income of ethnic…

Q: What do the charts tell us about the distribution of income in the U.S.?

A: Italian statistician Corrado Ginni is the one who invents the tool Gini Coefficient. It is an…

Q: Is it possible for everyone's real income to rise even though the income distribution in a society…

A: Real income is the actual income of a person from which he is able to buy goods and services even…

Q: Identify some reasons why household incomes differ. Which factors are the most important?

A: There are various factors that affect the income of households such as:

Q: How to redistribute income to reduce poverty, without causing loss of economic incentives.

A: Answer: Redistribution of income to reduce poverty can be achieved through the following ways:…

Q: What is the difference between income inequality and wealth inequality? Can a household with a high…

A: The economic wealth is the procession of the ability to enjoy the small, ordinary pleasure of life.…

Q: Does education level give impact to the income Inequality? Why?

A: The uneven distribution of income throughout a population is known as income inequality. The less…

Q: What goods and services would you include in an estimate of the basic necessities for a family of…

A: Poverty is a situation or circumstance wherein the financial services and necessities for a decent…

Q: Explain how income inequality in the United States is measured and described.

A: Income inequality refer to the gap or difference in the reference of income paid to in individual by…

Q: Define poverty line ?

A: There is minimum level of income required in a particular country.

Q: What is the difference between income and wealth?

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

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: Mozambique has the least inequality when it comes to income distribution Algeria has the greatest…

A: Gini Index: The gini index/indices based in gini coefficient which is a statistical tool used to…

Q: Distinguish between size and functional distributions of income in a nation. Which do you conclude…

A: Income: Pay is cash what an individual or business gets in return for giving work, delivering a…

Q: What are the causes and symptoms of widening income inequality globally and within countries, and…

A: The degree to that financial gain is distributed unevenly throughout a population is said as…

Q: According to the News Wire “Inequality,” what is the average per capita income in nations where the…

A: a. According to the news (2017) more than 45% decline in the income are Namibia that has per capital…

Q: Debate the economic arguments for and against income inequality

A: The unequal distribution of income across population is called income inequality. The dispersion is…

Q: Define the term median income?

A: The amount of income that divides a population into two different equal groups, half having an…

Q: US has one of the World's largest income inequality disparities. Discuss the reasons for this Gap.…

A: Income inequality means difference in earning between the rich and poor people.

Q: The table shows the distribution of personal income in the United States in 2016. Percentage of…

A: Gini coefficient is a measure of distribution of income across a certain set of population. It…

Q: what are some of the dimensions of economic inequality and what is considered income?

A: Income inequality can be defined as the stretch at which the income scenario was spread in an uneven…

Q: What factors have contributed to increased income inequality since 1975?

A: ncome inequality has increased within the us over the past 30 years, as income has flowed unequally…

Q: The two figures below show trends in poverty rates and inequality for the U.S. (a) What are the…

A: (a) What are the trends in poverty and inequality from 2010 to 2019? As per the figure the trends…

Q: The income inequalities in a country can be measured by _______!!!!!!!!! Need fast

A: According to the given question In Simple words we can say that the income inequality is basically…

Q: Differentiate size distribution and functional distribution of income.

A: Under economics, an important concern is distribution of income as it results in inequality. To…

Q: Find domestic income if nation income is $4600 and NFIA is $5400?

A: According to question we are given that  National income = $4600 NFIA=$5400 domestic income has to…

Q: Does the current Social Security system promote income equality? Why or why not

A: An individual is benefitted of social security from a payroll tax paid from their individual…

Q: Seniority is the optimal method for the allocation of richer terms, conditions and benefits of…

A: The firms, businesses, and the producers tend to operate in the markets with the motive of enhancing…