Development and Distribution of Income

Compared to other relatively prosperous developed nations, the United States: (w) has greater inequality in the distribution of its wealth and national income. (x) enjoys the lowest cost medical care and the best average public health. (y) has been the most aggressive in successfully reducing inequality of income. (z) has the relatively lowest average retirement benefits for its senior citizens.

Hello guys I want your advice. Please recommend some views for above Economics problems.

View Complete Question

Related Questions in Microeconomics

Q : Optimization and Heuristics Can someone

Can someone help me in finding out the right answer from the given options. No one can execute all the mental gymnastics essential to perfectly process information and hence all their decisions are mathematically optimal, therefore most of the people rely heavily on m

Q : Determine most price elastic in curve

The part of this supply curve for 2×4s which is most price elastic is in between: (i) point a and point b. (ii) point b and point c. (iii) point c and point d. (iv) point d and point e. (v) point e and point f.

Q : Define multiplier Multiplier : It is

Multiplier: It is the number by which change in investment should be multiple in order to find out the resultant change in income and output.

Q : Monopsonist-Wage discriminate Compared

Compared with the price taker in labor market, the monopsonist which can’t wage discriminate will: (i) Hire more labor at any specified wage. (ii) Hire less labor at any wage. (iii) Pay a higher wage for any specified quantity of labor. (iv) Hire more prolific l

Q : Area above supply curve of resource The

The area above a resource’s supply curve although below its price is a pure: (w) economic rent. (x) consumer surplus. (y) capitalization. (z) monopoly profit. Please choose the right answer from above...I wan

Q : Price of elastic demand for raises

When decreasing ticket prices for Usher concerts raises total revenues, in that case the demand for tickets for Usher concerts: (1) perfectly price elastic. (2) relatively price elastic. (3) unitarily price elastic. (4) relatively pri

Q : More unit gains marginal revenue by

A firm which can sell each and every unit of its production at a price of $200 and that sells 500 more units gains marginal revenue by the additional units of: (w) $500,000. (x) $100,000. (y) $200. (z) $10,000. I n

Q : Income elasticity-distribution and

The time people focus upon politics and government policies tends to be income elastic. Nonetheless, high wage rates raise the opportunity costs of voting. Mutually, these facts suggest that, which relative to wealthier or higher-income people and low

Q : Scope of spiral and waterfall approach

Explain the difference in changing the scope between a spiral approach and a waterfall approach?

Q : Describe proportional in taxes as

Line T1 depicts in given graph as in below a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive.

Discover Q & A

Leading Solution Library

Avail More Than 1412188 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1960948
Asked

3,689

Active Tutors

1412188

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment