Should a nation’s income be distributed to its members according to their contributions to the production of that total income or according to the members’ needs? Should society attempt to equalize income or economic opportunities? Are the issues of equity and equality in the distribution of income synonymous? To what degree, if any, is income inequality equitable?

Q: Which of the following policies would be the most likely to have the effect of increasing income…

A: Option A) increasing the interest rate on bank loans Option C) lowering taxes on income from…

Q: Differentiate Income Distribution and Wealth Distribution as well as discuss the different causes of…

A: Income distribution refers to equality with which income is divided among different sections of the…

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: Which of the following statements about race and inequality is correct? Group of answer choices The…

A: Introduction: According to the United States Census Bureau, non-Hispanic whites or Non-Latino whites…

Q: If Oman government redistributes income from the rich to the poor, explain how this action affects…

A: Efficiency refers the ideal production and its resource allocation in an economy with the existing…

Q: For the last ten years, how the Philippine government is executing policies to reduce poverty and…

A: As per official government data, the Philippines' poverty rate fell from 23.3 percent in 2015 to…

Q: The poverty line is based on cash income, which means it does not take into account government…

A: The poverty line is the minimum level of income required to meet the minimum living conditions in an…

Q: Migration and income inequality is negatively related or positively related? Why

A: Income inequality basically refers to how unevenly income is distributed within a population. The…

Q: Explain a situation using the supply and demand for skilled labor in which the increased number of…

A: The demand and supply concept has to be understood by the the law of demand and supply where in law…

Q: Due to a stagnant income for 23 years, the number of Mexicans who cannot buy the basic basket has…

A: Consumer price index is the average change in the prices for a basket of goods and services over…

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: Would this transfer increase, decrease, or have no effect on income inequality in this group?…

A: Income inequality: It refers to a condition where income is divided unequally between the…

Q: State the main problems that are generally associated with poverty of the economy

A: According to the given question Poverty gradually describes the lack of the productive resources and…

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: If a society decides to reduce the level of economic inequality, which of the following would help…

A: Inequality refers to the wide wage gap among people. Some are earning very high and some are earning…

Q: Explain the Central Roles of Education and Health in the fight against poverty.

A: Poverty: The term poverty refers to a situation where a person can not afford to buy basic needs…

Q: How can The Tax Reform for Acceleration and Inclusion Law (TRAIN Law) will lessen or worsen poverty…

A: The Tax Reform for Acceleration and Inclusion Law  aims at lowering the tax rates on normal citizen…

Q: Mark Zuckerberg of Facebook and Elon Musk of Space X have taken risks to build to their businesses…

A: Tax is the compulsory payment made by private and institutions to the government without having any…

Q: Is per-capita purchasing power a bettermeasure of economic inequality thanper capita income?…

A: Money has been recognised since many ages and people are using money for various purposes. Money is…

Q: Write your ideason what should be done to halt the inequality among people experienced in each…

A: Inequality: It refers to how financial factors are distributed among people in a gathering, among…

Q: Discuss five (5) NON-ECONOMIC REASONS why poverty is still a problem to contend with in Philippine…

A: Poverty has a direct effect on economic growth because of the constraints in credit and the…

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: 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: Public choice analysis indicates most income transfers will be directed toward the poor. O…

A: Public choice is a branch of economics that is developed from the study of taxation and public…

Q: g th

A: Inequality and poverty affect each other directly as well as indirectly through their link with the…

Q: How does this document help answer the question, “How should the US reduce economic inequality?”

A: US should reduce economic inequality by following steps :- 1. End of residential segression  2.Tax…

Q: Give some examples of how Lorenz curves and Gini coefficients can be used as summary measures of…

A: Lorenz curve: A Lorenz bend is a graphical portrayal of pay disparity or abundance imbalance created…

Q: Describe how income inequality and poverty are explained by the structural functional, conflict, and…

A: Poverty is directly proportionate to inequality: the rich get richer, while the poor get poorer.…

Q: Which of the following statements is/are TRUE? I. Country C has the least inequality in income…

A: Lorenz curve: - It is the graphical way of showing the distribution of income or wealth. Gini index:…

Q: Using the diagram above, which of the following is true? a. In country S the poorest 30 percent of…

A: Answer in step 2

Q: Why the research of migrant workers that affect the income inequality is important to the community,…

A: A migrant worker is someone who migrates for work either inside or outside of their own country.…

Q: Which statements are true? 1. Modern sector enlargement assures a better Lorenz Curve for a nation.…

A: 1)Enlargement only in the modern sector does not guarantee a better Lorenz curve. Lorenz curve shows…

Q: TRAIN law lessen or worsen poverty and income inequality in the country of Philippines? How will the…

A: 1) Will the TRAIN law decreases or worsen poverty and income inequality in the nation of…

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: Currently, in the United States, poverty rates are comparatively low Group of answer choices for the…

A: The above question is based on 2011 data.

Q: Question 6 In which of the following regions are there disparities between the wealthy and the…

A: Economic inequality has been a part of the economy since the beginning.

Q: Which of the following is NOT a component of the Multidimensional Poverty Index? Whether or not the…

A: To provide a more detailed examination of the amount of poverty and hardship, multidimensional…

Q: Which of the following statements are true about income inequality? Choose all that apply. A. Income…

A: Inequality in terms of income refers to the manner in which a population's income is allocated…

Q: Why do national and global scale events such as the Great Recession have different effects in…

A: Great Recession was observed in national economies globally. The timing and scale of recession…

Q: What are the two main attitudes that surround explanations for the causes of poverty in the US (name…

A: Poverty: It refers to a situation under which people of the economy are unable to fulfill their…