Use Table 18.2 to describe how the distribution of income has changed in the United States over

Question:

Use Table 18.2 to describe how the distribution of income has changed in the United States over the last three decades. Has inequality increased or decreased? How do you know?

Table 18.2

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

See More Books

Question Posted: Nov 07, 2023 01:05 PM

See More Questions

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
During the Great Depression, large segments of the population lived in poverty, particularly older people, who had a few job prospects and little savings. To reduce this hardship, the countrys...
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
What are the costs of healthcare, where does the money come from, and where is it spent?
Determine the financing portfolio composition for Kents western branch that would minimize the expected effective financing rate while satisfying the restriction imposed by the parent.
The following case is a story of MHG, a leading manufacturer of drills for energy companies in the United States. MHG started to anticipate that its competitors will start targeting its younger...
Kronenberger Burgoyne, LLP, was a law firm with two equity partners who agreed to equal ownership as of 2009. Before 2009, Kronenberger had owned a majority interest in the firm, and when, in 2011,...
Green Thumb operates a commercial plant nursery where it propagates plants for garden centers throughout the region. Green Thumb has $4,800,000 in assets. Its yearly fixed costs are $600,000, and the...
Q5. With reference to Fig 5, the following values are given: E-20V, R-2k2, R: 10k2, R, 20ks Calculate: (i) the equivalent resistance of the circuit (Req) (5%) (ii) the current through RI (IRI) (iii)...
Which sources of income are generated from work and which from the ownership of assets?
What is the difference between income and wealth?
Calcium phosphate cement is gaining increasing attention for use in bone repair applications. The article "Short-Fibre Reinforcement of Calcium Phosphate Bone Cement" (J. of Engr. in Med., 2007:...
Which system uses an advanced approach to wireless threat detection and performance management? aWIPS ISE Security Rogue on wire
Which type of import method allows you to add a single device by defining its hostname or IP address along with its SNMP and CLI credentials? Manually add Import inventory CSV file Plug - and -...
Question 7 Not yet answered Marked out of 10.00 PFlag question Bi An investment company wants to create a database system to manage its data. The company manage several projects. There are several...
Source citations should include author, credentials, date O author and date O author, source, date O author and credentials
Task 3: Implement factorial function using a) Iterative solution } I b) Recursive solution int factorial rec (int n) { if (n=0 || n=1) return 1; else return n*factorial rec(n-1); (Write a user...
Bailey C. paid $190 to Porter Co. and received a $25 purchases discount. Journalize the entry.
Federated Shipping, a competing overnight delivery service, informs the customer in Problem 65 that they would ship the 5-pound package for $29.95 and the 20-pound package for $59.20. (A) If...
Given the following data, use present worth analysis to find the best alternative, A, B, or C Use an analysis period of 1.2 years and 10% interest. Initial cost Annual benefit Salvage value $12,00...
Consider the following four alternatives. Three are "do something" and one is "do nothing At the end of the 5-year useful life of B, a replacement is not made. If a 10-year analysis period and a 10%...
A cost analysis is to be made to determine what, if anything should be done in a situation offering three "do-something" and one "do-nothing" alternatives. Estimates of the cost and benefits are as...
Assume the following facts regarding Granite Corporation and Alex Baldwin, one of its shareholders: $0 Granite Corporation's Accumulated E&P $2,000,000 Granite Corporation's Current E&P 4,000 Total...
Gertrude contributes an office & its loan balance to Star Wars Partnership. Kendra contributes a hotel & its loan balance to Star Wars Partnership. Gertrude's Original Asset (Office): $4,500,000 FMV...
Murray wants to "pension share" his RRIF payments with Mabel since Mabel is in a much lower tax bracket than Murray. When can Murray implement this strategy?

Use Table 18.2 to describe how the distribution of income has changed in the United States over

Question:

Distribution of Household Income: Shares by Quintiles Lowest Quintile Second Quintile Third Quintile Fourth Quintile Highest Quintile 2005 3.4% 8.6 14.6 23.0 50.4 1995 3.7% 9.1 15.2 23.3 48.7 1985 3.9% 9.8 16.2 24.4 45.6 1975 4.3% 10.4 17.0 24.7 43.6

Step by Step Answer:

Based on Table 182 the distribution of household income in the United States has changed over the la...View the full answer

Economics An Introduction To Traditional And Progressive Views

Students also viewed these Business questions