Why has the distribution of income become more unequal in the last 30 years

Q: Briefly discuss the major causes of income inequality. What factors have contributed to greater…

A: Income inequality refers to the unequal distribution of wealth or income among the population of the…

Q: Can you propose a different poverty measure that will be able to reflect the regressive transfer?

A: Regressive transfer means tranferring income from not richer individual to not porrer individual.

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: What is the difference between an absolute and a relative poverty threshold?

A: There are some sections of an economy that are deprived of the basic necessities of life due to a…

Q: Why some countries are really poor? Please draw the cycle of poverty and explain this cycle at least…

A: Some countries have low employment,investment,saving,capital formation etc. Therefore they have…

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: Answer the questions based on the data in the table. Round all answers to two places after the…

A:

Q: What does the following measure? The percentage of people with an income below a certain level?…

A: Poverty line: - Poverty line is the minimum income level that is considered compulsory or necessary…

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: 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 you think is more important to focus on when considering inequality: income inequality or…

A: In economics, some variables change in a shorter period while others take time to change such that…

Q: Describe how the poverty line is estimated in India?

A: The lowest income deemed suitable in a given country is known as the poverty threshold, poverty…

Q: (a) Suppose that your professor asks you to compare China and India based on income inequality.…

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

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: A progressive income takes a ncome O flat; declines O larger; rises smaller; rises percentage of…

A: An income tax is a tax forced on individuals in regard of the income earned by them. Income tax for…

Q: How is food security and employment linked to poverty?

A: Poverty is basically described as a lack of enough financial resources to meet basic needs such as…

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: ne of the major causes of income inequality is the difference in:

A: One of the major  cause of inequality is the difference in Education. Education differences from the…

Q: Are economic inequality and national income related? Explain

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

Q: How does the poverty cycle differ between rural and urban areas?

A: Poverty is defined as a state or condition in which an individual or a group lacks the financial…

Q: How Lorenz curve helps you to measure distribution of income among nations?

A: The graph which plots on the horizontal axis the percentiles of the population according to wealth…

Q: Who is affected by economic inequality?

A: Economic inequality affects people at all levels.

Q: 12. Assume that the absolute poverty line is $120 in Pakistan. The total population of Pakistan is…

A: Head Count index is that proportion of the population that lives below the poverty line. here we…

Q: Describe the concept poverty line in detail

A: Poverty is an economic state of being in which an individual experiences a dearth of resources to…

Q: How will The Tax Reform for Acceleration and Inclusion will lessen the worsen poverty and income…

A: The Tax Reform for Acceleration and Inclusion is a law regarding the taxation system in the…

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

A: When income inequality rises, economic growth falls.

Q: comparing weath inequality in the united states to egypt

A: Income inequality in the United States, otherwise called the income hole, is the inconsistent…

Q: briefly describe income inequality in America

A: Income inequality refers to the degree to which income is distributed unequally throughout a…

Q: When does absolute poverty exist? Do we see this in the Philippines? defend your answer

A: Poverty is the condition where a person is not able to maintain a minimum standard of living.…

Q: Define gross incomes?

A: The GDP is the total or the final value of the goods and services which would result in the…

Q: 47. Which of the following is the reason behind the inequality of income distribution in India? (a)…

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

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: What are the effects of unemployment on income distribution?

A: Unemployment has bad effects on income distribution. Due to unemployment,some people have very high…

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: Massachusetts what is the average (absolute) difference in income among all the pairs?

A: For the calculation of average difference It will be 1st difference 140-80= 60 2nd =180-140= 40 3rd…

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: Explain the concept of absolute poverty and relative poverty.

A: According to the given question Poverty is what we can say that when the public or the people lacks…

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…