If income were equally distributed among households,what would be the result

Question

Quizplus · Accepted Answer

If income were equally distributed among households, each household would receive an equal share of the total income. Therefore, 50 percent of the households would receive exactly 50 percent of the income. This would result in greater income equality and could potentially reduce poverty and inequality. However, it wouldn't make all households rich.

If Income Were Equally Distributed Among Households,what Would Be the Result