Which statement is true about incomes in the United States? a) Almost everyone earns about the same
Question:
Which statement is true about incomes in the United States?
a) Almost everyone earns about the same income.
b) Almost everyone is either very rich or very poor.
c) There is a wide disparity in income.
d) None of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Joseph Njoroge
I am a professional tutor with more than six years of experience. I have helped thousands of students to achieve their academic goals. My primary objectives as a tutor is to ensure that students do not have problems while tackling their academic problems.
4.90+
10+ Reviews
27+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The current bear market in stocks is driving people to invest in bonds. A few months ago, after reading a reddit post, your friend decided to buy a bond that matures on February 1st, 2047. This bond...
-
A child was looking for his father. He went 90 m in the east before turning to his right. he went 20 m before turning to his right afain to lok for his father at his uncles place 30 m from this...
-
Journal entries Cash (Asset) + Customer Receivables (Asset) + Sales (Revenue) = $500 Supplies (Asset) + Accounts Payable (Liability) = $200 Wages Expense (Expense) + Wages Payable (Liability) =...
-
How will you sort 1 PB numbers? 1 PB = 1000 TB.
-
From 1962 to 1965, federal spending on nondefense-related education and training rose from $9.6 billion to $19.5 billion, while from 2001 to 2004, it rose from $178.4 billion to $217.5 billion. Given...
-
Internet marketing adds another dimension to advertising efforts. What is it?
-
Purina entered in a contract with the defendant to sell the defendant piglets, known as weanlingsbaby pigs that have been weaned. It is uncontested that the buyer breached and that Purina is entitled...
-
Schellhammer Corporation reported the following amounts in 2013, 2014, and 2015. Instructions (a) Identify and describe the three tools of financial statement analysis. (b) Perform each of the three...
-
When considering the system resource model, Owens College would be viewed as effective; it receives a steady flow of highly academically qualified students and obtains significant endowment growth...
-
Statement 1 : A college diploma is still a necessary condition for a person moving from the secondary to the primary labor market, but that diploma is no longer a sufficient condition. Statement 2:...
-
According to the theory of the backward-bending labor supply curve, _________. a) first the substitution effect sets in, then the income effect b) first the income effect sets in, then the...
-
At the end of the first year of operations, 5,200 units remained in the finished goods inventory. The unit manufacturing costs during the year were as follows: Direct materials ..........$35.00...
-
Describe examples of ALL heuristics contained on the worksheet. Confirmation bias: looking for information that fits with prior hypotheses. Answer: Overconfidence bias: overly positive view of our...
-
4. Discuss the proof of logical pretest loop (while loop) using axiomatic sematics with the classmate next to you and answer the following questions: a. What is loop invariant? b. How to compute loop...
-
A)What are the poor examples of globalization? Why? Provide an example of a Canadian Company that has not done well internationally. What are some of the methods for analyzing an industry and an...
-
Competency 1 - Assessment To complete this assessment, you will create a report comprised of two parts. In Part 1, you will analyze how 2 major economic events influenced supply, demand, and economic...
-
Examine at least 2 examples of best practices for leaders in team development and communication in the organization using the 3 dimensions of energy, engagement, and exploration. Examine planning...
-
Suppose that an agent is in a 3 x 3 maze environment like the one shown in Figure. The agent knows that its initial location is (1, 1), that the goal is at (3, 3), and that the four actions Up, Down,...
-
If |62x|>9, which of the following is a possible value of x? A. 2 B. 1 C. 0 D. 4 E. 7
-
How does the moral hazard problem differ from the adverse selection problem in markets for medical insurance?
-
Why dont consumers become fully informed about the prices different firms charge? If consumers are not fully informed, why is a firm likely to possess some degree of market power?
-
How does advertising affect the demand curve confronting a single firm? How does the outcome depend on whether other firms also advertise? If all firms in an industry advertise, how will this shift...
-
Identify a contemporary issue concerning the constitutional limitations on government in processing criminal cases and discuss the most likely future scenarios,referencing both historical analogs and...
-
Q1 : Is it ever morally acceptable to contravene the laweven in an unjust society? Q2 : Discuss conscientious objections.?
-
Rob s Coffee Ltd . is initiating a retirement benefit scheme for its workforce. The organization plans to commence financing the scheme with a deposit of $ 5 0 , 0 0 0 on January 1 , 2 0 1 8 . It...
Study smarter with the SolutionInn App