The same households do not necessarily remain rich or poor over time because _____
A) the normal life cycle pattern of income changes over time.
B) the productivity of workers varies with on-the-job training.
C) an economy experiences fluctuations in the level of economic activities.
D) an economy experiences changes in inflation rates over time.
E) technological changes influence the income earned by workers.
Correct Answer:
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Q27: If 15 percent of households receive 15
Q28: Families primarily receive income from _
A)resource earnings
Q29: When household incomes are ranked from lowest
Q30: If the official U.S.poverty statistics included the
Q31: The income earned by less-educated workers has
Q33: Using the Lorenz curve,the degree of income
Q34: The Lorenz curve for the United States
Q35: Compared to the distribution of money income,the
Q36: In the U.S.labor market,_
A)the distribution of income
Q37: An increasing fraction of jobs in the
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