The distribution of wealth is more unequal than the distribution of income because wealth reflects
a. persistent wage differentials between people of different abilities
b. physical assets as opposed to financial assets
c. unequal distribution of talents in the population
d. unequal access to education
e. the distribution of lifetime accumulated assets
E
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In 2014, the NCAA was the subject of two antitrust lawsuits related to video games. The NCAA reached a settlement in which it agreed to
A) pay current and former athletes whose names or images had been used in NCAA-branded video games. B) split into two separate entities, one which monitors college athletics and the other which markets products. C) stop authorizing the production of NCAA-branded video games. D) allow schools to pay athletes so it could continue to use their images in the video games.
The United States, as it began its long and successful growth in the early 19th century, consciously promoted domestic production through such activities as tariffs, Clay's American System, and many direct subsidies to railroads, canal companies,
farmers (free land) etc. Today we view this blatant example of large scale and extensive import-substitution industrialization as having been very successful. Comment on this.