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1 Nov 2020
1. Poverty is measured based on a percentage of the median income. Income inequality, however, has to do with the _____________.
a. concentration of that income
b. distribution of that income
c. allocation of that income
d. none of the above
1. Poverty is measured based on a percentage of the median income. Income inequality, however, has to do with the _____________.
a. concentration of that income
b. distribution of that income
c. allocation of that income
d. none of the above
Raushan RajLv8
1 Nov 2020
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Related questions
When it comes to the goal of eliminating absolute poverty and income inequality, most economists would argue that:
| A. | Neither absolute povety nor income inequality should be eliminated | |
| B. | Eliminating absolute poverty is a good goal but income inequality should not be eliminated | |
| C. | They should both be eliminated | |
| D. | Eliminating absolute poverty is not a good goal but income inequality should be eliminated |
