What is the wealth gap?

Q: How can we improve gender parity in employment?

A: Gender parity is considered to be a prerequisite for reduction of poverty, promotion of sustainable…

Q: what is net economic position?

A: Net economic position refers to the net financial position of the company where the overall monetary…

Q: Calculate the value of factor income to abroad if factor income from abroad is  $60 million and the…

A: The information being provided to us is as follows:- Factor income from abroad = $60 million Net…

Q: Is there really a problem that needs to be addressed regarding the imbalance between wealthy…

A: For centuries we have been living and following this trend in the society in which there exists both…

Q: difference between income and wealth, and why both are important in terms of economic security for…

A: income refers to the amount of money received by a individual person , group or company during a…

Q: What is low income level

A: Low income level refers to the level of income per consumption which is below the median income…

Q: What do we mean when we say that MRP is based on dependent demand?

A: MRP (Material Requirements Planning) is a computer-based inventory management system designed to…

Q: Enumerate and explain briefly the characteristics of each stage of the demographic  transition…

A: The population growth can change due to the change in the per capita income. According to the…

Q: What is the relationship between the business world and U.S. political system for the inequalities…

A: The relationship between the business world and U.S. political system for the inequalities in wealth…

Q: What is the state of distribution of wealth globally and in the US?

A: The term "wealth distribution" refers to a comparison of the wealth of various individuals or groups…

Q: D Question 4 From an examination of data on income and wealth, it can be concluded that wealth…

A: Wealth inequality runs even more pronounced than income inequality specially in case of US .

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: State the three main components of the domestic factor income. Fast

A: According to the given question In simple words we can say that a domestic factor income also name…

Q: What is the concept of "market" according to Milton Friedman and what is the role of Goverment in…

A: The place where there is the purchase and sale of goods and services between buyers and sellers for…

Q: Briefly describe what the "baby boom" affect will be in relation to payroll taxes and indicate what…

A: A tax is a fee levied by the government to fund its expenditure. A payroll tax is paid equally by…

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: Are economic inequality and national income related? Explain

A: Economic inequality refers to the situation where the economic factors are unequally distributed…

Q: what is the impact on the labour market due to a reduction in income tax rate?

A: Labor market is in equilibrium when supply of labor equals demand for labor.

Q: Explain the n Capital Theory?

A: Traditional capital theory is that the study of the forces determining the speed of interest, the…

Q: What is the Global Gender Gap Index?

A: Global Gender Gap Index evaluates the average income earned by female to the income earned by male.

Q: What are the benefits to future researchers if we investigate the relationship between migration and…

A: Inequality: It refers to the process under which the resources are distributed in an unequal way.…

Q: Which of the following can be classified as transfer payment? a. Zakat b. Scholarships c.…

A: In an economy, transfer payment refers to the one-way transaction that is generally made by the…

Q: What is the relationship between the low-interest rate and inequality?

A: The central bank's political economy policy is thought as financial policy. it's a demand-side…

Q: What are the three successive stages or phases in the circular flow of income

A: According to the given question Actually circular flow of income is an income which is represented…

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: How do gains in income inequality influence economic growth and expenditure rates?

A: When income inequality rises, economic growth falls.

Q: What information can you draw from the figures of net migration rate?

A: To understand the net migration rate, it is first important to understand the two terms and the…

Q: How do you calculate net migration rate?

A: Net migration rate: - Net migration rate measures the difference between the people who move into an…

Q: In the circular flow diagram, the different payments made by ________ to ________ include wages

A: Money is the item used to purchase the products and services manufactured by the producers.

Q: Migration and income inequality is negatively related. Explain.

A: Inequalities can likewise result from expanded hindrances to movement, sporadic and problematic…

Q: What federal program protects economic security for working people?

A: When it comes to job-related protection and benefits, to say nothing about recruiting and…

Q: Convergence of the income gap has been most dramatic between Select one: O a. South America and the…

A: Convergence means that countries with low per capital incomes should grow at a faster rate than…

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: How does an increase in household income affect firms?

A: A household is basically made up of one or more people who live in the same home and eat together.It…

Q: In Spain what is the divorce rate?

A: Divorce rates can be described as the total number of divorces occurring per 1,000 population within…

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: Migration and income inequality is positively related. Explain.

A: The single greatest effect on development is the extending hole between the lower working class and…