--%>
Assignment Help - homework help

National Income in Equality Standard

As per the equality standard of income distribution: (w) people should be paid according to their needs for income. (x) income should be distributed to resource owners. (y) justice requires national income to be divided equally. (z) people should be paid according to their marginal productivities.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Labor Unions and Inflation Even

    Even although less than 12 percent of labor in the U.S. is unionized, numerous argue that unions are the primary cause of inflation as union wage hikes: (i) Cause unemployment that is inflationary. (ii) Frequently serve as the goals in recognizing non-union wage. (iii

    		•
  • Q : When are average and outputs prices of

    Average and Outputs prices for CDs and DVDs both rose throughout 1999 to 2000 (before the start of Napster and subsequent file-sharing software), which implying: (1) supply of prerecorded music should have grown. (2) law of demand doesn’t apply

    		•
  • Q : Marginal productivity theory about

    John Bates Clark's marginal productivity theory gives details that the marginal productivity of resources finds out: (w) the true value of human life. (x) an equitable distribution of tax burdens. (y) the income distr

    		•
  • Q : Price elasticity of demand at high and

    Moving by left to right along demand curve D, then price elasticity of demand for cheesy fried grits of Pixie is mostly: (w) positive, then unitary, then negative. (x) constant and equivalent to one. (y) greater at high prices than at low prices. (z)

    		•
  • Q : Pure competition in modern U.S. economy

    Within the modern U.S. economy, there pure competition is: (w) characteristic of all resource markets. (x) rare in product markets. (y) most common for public utilities. (z) strictly regulated throguh government. I

    		•
  • Q : Analytic time of corn harvest The

    The period after one corn harvest is done and before the subsequent corn harvest begins is the: (1) short-run. (2) intermediate period. (3) long-run. (4) market period. (5) fiscal year for budgeting. Can someone explain/help me wit

    		•
  • Q : Separation of the Economic Functions

    Separation of ownership or stockholders by control (management) into modern giant corporations tends to divide the economic functions of: (w) capitalists. (x) union leaders. (y) entrepreneurship. (z) bureaucrats. I

    		•
  • Q : Estimate income elasticity of demand

    When Y = income, that is the income elasticity of demand is approximately measured when the value of: (i) (% change in Q) / (% change in Y). (ii) ratio of the slopes of demand relative to supply. (iii) (% change in Q) / (% change in P). (iv) constant

    		•
  • Q : Effect of future consumption on

    When households become increasingly willing to defer current consumption in order that they can enjoy greater future consumption, in that case the: (1) interest rate rises. (2) equilibrium investment level rises. (3) present value of

    		•
  • Q : Problem regarding Craft Unions Can

    Can someone help me in finding out the right answer from the given options. The craft unions historically tried to systematize all the workers in: (1) A specific company, in spite of size. (2) The United States. (3) The specific broad industry. (4) Relatively highly s

    		•