President Joe Nositall just published a report for his country, laying out various scenarios for the economy
Question:
a. Rank the scenarios from the most equal to the most unequal income distribution (defined as the average income of the top decile of earners divided by the average income of the bottom decile of earners).
b. Rank each scenario in terms of the level of GDP growth between 2010 and 2011.
c. Between which scenarios is there no trade-off between GDP growth and income equality?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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