The size distribution of income
A) Is the same thing as the functional distribution of income.
B) Tells how personal income is divided up among households or income classes.
C) Focuses on the distribution of income to different factors of production.
Correct Answer:
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Q9: A mathematical summary of inequality based on
Q10: As the _ becomes larger,the distance between
Q11: Market failure exists whenever
A)Income distribution is unequal.
B)The
Q12: If the Gini coefficient is greater for
Q13: If the area between the diagonal line
Q15: In the United States between 1980 and
Q16: Public housing is an example of
A)In-kind income.
B)Free
Q17: If a greater portion of income is
Q18: Wealth is measured as
A)A flow only.
B)A stock
Q19: The proportion of total income received by
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