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1 Nov 2020

3. In the United States, the wealth distribution is more unequal than the income distribution, because differences in income can accumulate overtime to make even larger differences in wealth. True or False.

a. True

b. False

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Evaluating the Government Policies to Reduce Income Inequality

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9. Because the measured distribution of wealth does not consider the role of human capital, the measured wealth distribution

a. is less equal than measured income distributions.

b. is more equal than measured income distributions.

c. is more equal than actual wealth distributions.

d. cannot be compared to the actual wealth distribution.

14. 'Occupy Wall Street' was a movement by the protesters to decry what they perceived as increasing social and economic inequality in the United States as they argued that the concentration of wealth among the richest 1% in the United States was both economically unsustainable and inequitable, and needed to be changed. True or False.

a. false

b. True

Regarding economics and equality, how does the United States do in terms of income distribution?
a. Distribution of U.S. income is strikingly unequal and becoming more so.
b. It is difficult to measure U.S. income distribution.
c. Distribution of U.S. income is relatively equal and becoming more so.
d. U.S. income distribution tends to favor minorities.
e. The U.S. strongly favors the poor with income distribution.

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3. In the United States, the wealth distribution is more unequal than the income distribution, because differences in income can accumulate overtime to make even larger differences in wealth. True or False.

a. True

b. False

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3. In the United States, the wealth distribution is more unequal than the income distribution, because differences in income can accumulate overtime to make even larger differences in wealth. True or False. a. True b. False

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Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

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3. In the United States, the wealth distribution is more unequal than the income distribution, because differences in income can accumulate overtime to make even larger differences in wealth. True or False.

a. True

b. False