Huge wage differentials paid for small differences in performance is an example of
a. the failure of the Lorenz curve to accurately reflect income distribution
b. winner-take-all
c. the failure of the Gini coefficient to accurately reflect income distribution
d. a negative income tax system that disproportionately rewards the rich
e. the different kinds of in-kind assistance that different people receive
B
You might also like to view...
Assume that tortilla chips and salsa are complements. When the price of tortilla chips decreases
A) the demand for salsa decreases. B) the supply of salsa decreases. C) the demand for salsa increases. D) the demand for tortilla chips decreases.
Why has nominal GDP increased historically more rapidly than real GDP in the United States?
a. because of inflation b. because of deflation c. because of statistical discrepancies d. because of high interest rates