Answer: D. contributes to income inequality.
The distribution of wealth in the United States is such that it:
A. is randomly distributed among income classes.
B. has no perceptible impact on the distribution of income.
C. reduces income inequality.
D. contributes to income inequality.
Economics
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Countries with higher income per capita are likely to have ________
A) a lower Human Development Index B) a higher Human Development Index C) a higher rate of unemployment D) a lower life expectancy at birth
Economics
Refer to Table 4-4. Suppose that the quantity of labor supplied decreases by 40,000 at each wage level. What are the new free market equilibrium hourly wage and the new equilibrium quantity of labor?
A) W = $9.00; Q = 330,000 B) W = $8.00; Q = 390,000 C) W = $10.00; Q = 350,000 D) W = $9.50; Q = 370,000
Economics