Ask Question
BusinessBusiness
31 July, 16:45

The article discusses income inequality, and for some people this means a more equitable distribution of income is needed in the economy. what is meant by a more equitable distribution of income?

+5
Answers (1)
  1. 31 July, 17:09
    0
    The phrase used in the article, a more equitable distribution of income, is meant to convey the idea that income should be more fairly distributed through everyone in all classes in the country. The basic idea is there should not be such huge gaps between the top and bottom income tiers.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The article discusses income inequality, and for some people this means a more equitable distribution of income is needed in the economy. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which account has a normal debit balance: service revenue, advertising expense?
Answers (1)
Sandy is a real estate agent who has entered into an agency relationship with Jim, a homeowner, to sell Jim's house. They agreed upon a flat fee for Sandy as compensation for a successful transaction.
Answers (2)
A corporation has a $500,000 beginning balance in retained earnings. its net income for the year was $200,000. sales revenue amounted to $1,000,000, and dividends declared and paid by year-end amounted to $100,000.
Answers (1)
Why do three currencies represent 80% of the foreign exchange (FX) market trades? A) These hard currencies are tied to the gold-standard. B) They have the lowest interest rates and highest GDP.
Answers (1)
Which term describes when a person who is not the intended recipient captures data? adware active threat network security passive threat
Answers (1)
New Questions in Business
Consumer behavior is the way that forces shape people's
Answers (1)
On January 1, 2013, M. Johanson Company purchased equipment for $36,000. The company is depreciating the equipment at the rate of $500 per month. The book value of the equipment at December 31, 2013 is:A) $0. B) $6,000. C) $30,000. D) $36,000.
Answers (1)
Kenner company produces two products: SR200 and TX500. Budged sales for four months are as follows; SR200 TX500 May 8,000 20,000 June 13,000 32,000 July 11,000 39,000 August 18,000 46,000 Kenner's ending inventory policy is that SR200 should have
Answers (1)
Why is the market for honey efficient despite the potential problem of pollination externalities? Select one: a. The quantity of honey that can be produced each year is capped. b.
Answers (1)
The marginal propensity to consume is the: ratio of consumption to income. amount consumed out of an additional dollar of income. amount available for consumption after precautionary saving. ratio of consumption to wealth.
Answers (1)
Home » Business » The article discusses income inequality, and for some people this means a more equitable distribution of income is needed in the economy. what is meant by a more equitable distribution of income?
Sign Up Forgot Password?