What is the urban inequality rate compared to national inequality rate in Rio de Janeiro? Give a comparison of urban poverty and urban inequality rates in Rio.

Q: Use quintiles to briefly summarize the degree of income inequality in the United States. How and to…

A: In 2016, the lowest quintiles’ average market income in the United States was $15,600 and for the…

Q: Thich one of the following would increase income inequality as measured by official Census data and…

A: Income inequalities increase the gap between the poor and the rich widens.  In this case if social…

Q: The combination of low GDP per capita and high income inequality is sometimes positive for companies…

A: Agricultural products include vegetables, oils, fruits, milk, meat, eggs, and cereals.

Q: What is the difference between income inequality and wealth inequality? Why does this matter?

A: Inequality means the differences between the different sections of society in terms of income,…

Q: QUESTION 10 According to OECD data (see the link below), the income inequality as measured by the…

A: In a given year, income is defined as household disposable income. It is made up of earnings,…

Q: Top 0.1% Income Share 1913 1973 1978 1983 1988 1993 1998 2003 2008 4. Research by Piketty and Saez…

A: Inequality: It refers to the process under which the economy does not have equal level of income for…

Q: You have been provided with the following statement: “According to the World Bank, South Africa…

A: Ginni coefficient shows the level of inequality in any country. Higher value of ginni means higher…

Q: As the Lorenz Curve gets closer to the line of absolute equality, the ________. a. the higher is the…

A: "Lorenz curve represents the graphical measurement of income or wealth inequality within a…

Q: The term obtained by dividing the area of inequality shown by a Lorenz curve by the area of the…

A: Gini Coefficient It is the area below the line of perfect equality minus the area below the Lorenz…

Q: there an increase in poverty and inequality?

A: poverty means lack of money to satisfy basic needs of life - food ,clothing and shelter inequality…

Q: In an economy with perfect income equality the Gini coefficient would be

A: The Gini record, or Gini coefficient, measures pay appropriation across a populace.

Q: he following table summarizes the income distribution for the town of Perkopla, which has a…

A: Net income alludes to the sum an individual or business makes in the wake of deducting expenses,…

Q: Using two demand and supply diagrams, one for the low-wage labor market and one for the high-wage…

A: The demand curve for labour, under the ceteris paribus assumption, shows the amount of labor…

Q: Which number line represents the solution to the inequality below? + 8 > 15 A. 32 33 34 35 36 37 38…

A: Given: x5+8≥15

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: A society with progressive income taxes will likely have a very unequal after-tax distribution of…

A: Explanation: A free-market economy produces AN unequal distribution of financial gain. Since the…

Q: Why is there so much wealth inequality?

A: Wealth refers to the assets held by a person which includes property and financial assets. Wealth…

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

A: In economics, the Lorenz curve and the Gini coefficient are used to study the distribution of income…

Q: Income inequality at one point in time is sometimes consistent with the income equality over time.…

A: Income inequality depicts that the distribution of income in any income is not same.

Q: Describe what has happened to the value of the Gini Coefficient since 1980? What is the implication…

A: The Lorenz curve is a representation of the distribution of a metric – consumption, wages,…

Q: Which of the following factors does NOT contribute to income inequality?   A. THE RISE OF…

A: Income inequality is the wide gap between the money earned by the richest people in an economy when…

Q: What is the relationship between a Lorenz curve and a Gini coefficient? Give some examples of how…

A: The Lorenz curve is a representation of the distribution of a metric – consumption, wages,…

Q: The table provides data on peprcentage of total income earned by quintile in two communities, Malaya…

A: Lorenz curve for Malaya:

Q: How do government statisticians determine the poverty rate? How could the poverty rate fall while…

A: The poverty means lacking in basic facilities such as food, shelter, cloth, etc.  The poverty…

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: Percent of Percent of income income Beta Household percentage Lowest 20 percent Second 20 percent…

A: In an economy, Lorenz curve refers to line that shows the income inequality among the people of a…

Q: What are the principal causes of income inequality and what are popular and conventional measures to…

A: The measure that depicts the uneven distribution of income throughout a population is being known as…

Q: as a student, what can be done to address income inequality? Explain

A: Income inequality refers to the uneven distribution of income or wages throughout a population. The…

Q: Below is a Lorenz Curve for a given country.  Suppose its government cuts spending on Medicaid,…

A: Lorenz curve: It refers to the curve which shows the income inequality within the economy. It is a…

Q: Why do you think there has been movement toward greater income equality during the 1929 to 1970…

A: The degree to which wealth is distributed unequally within a society is referred to as income…

Q: According to Andrew Carnegie, in his essay "Wealth", where does inequality of wealth come from, is…

A: Inequality of wealth is one of the most important aspect for which the government must intervene the…

Q: Discuss the concept of the “optimal amount of inequality.” What are some of the practical problems…

A: Optimal amount of inequality is alluded to the level endurable degree of inequality in the country.…

Q: Which of the following is not an example of some of the government policies that, intentionally or…

A: Government policies have sometimes led to intentional or unintentional higher inequality.  If the…

Q: Discuss the reasons behind economic inequality.

A: Inequality refers to a situation where there is unequal or different distribution of resources or…

Q: Explain and interpret different methods of measuring income inequality.

A: Income equality shows the differences between the income of different groups of people. It helps to…

Q: Lorenz curves of two different countries stylistically called ‘red’ and ‘green’.

A:

Q: What factors have contributed to increased income inequality since 1970?

A: Income inequality tells us how unevenly income is distributed in a country. This means the different…

Q: Identify some public policies that can reduce the level of economic inequality

A: Economic inequality refers to presence of disparities among wealth and incomes of individuals.

Q: The values in the table reflect the percentages of pre-tax-and transfer income. 22. Refer to Table…

A: Inequality is when the gap of the wealth or income between the richest and the poorest section of…

Q: Where is income inequality the worst?

A: Income inequality refers to the situation where there is wide misallocation of income between the…