Census data on the income distribution among families in the United States in recent years shows...
Census data on the income distribution among families in the United States in recent years shows
Select one:
a. both rich and poor people's incomes growing at approx. the same rate
b. the rich getting an increase in income, but the poor getting even larger increases in income
c. show the "poor" gaining in income relative to the rich
d. the rich getting richer while the poor get relatively poorer
e. the gap between rich and poor becoming narrower
Homework Answers
d. The rich getting richer while the poor get relatively poorer.
There has been an increase in the income inequality in US for the past five decades and so on. The rich are becoming richer and occupying larger shares of the income of the society and the poor are becoming relatively poorer.
Add Answer to:
Census data on the income distribution among families in the
United States in recent years shows...
PART A In the United States, the gap between the higher-income groups and the lower-income groups,...
PART A In the United States, the gap between the higher-income groups and the lower-income groups, as a percentage of what they earn relative to the country's total earnings, has widened the past several decades. Therefore, we can conclude that: The relative gap between the richest 20% of our income earners and the poorest 20% of our income earners has narrowed. the richest 20% of our income earners has gotten poorer and the poorest 20% of our income earners has...
Which of the following statements about income distribution in the United States is NOT true? Over...
Which of the following statements about income distribution in the United States is NOT true? Over the past several decades, the rich have grown richer. Over the past several decades, the middle class has grown faster than other classes. Over the past several decades, the poor have remained poor. The top 20 percent of earners capture over 50 percent of all income. The top five percent of American earners get nearly 22 percent of the country's adjusted gross income.
Which of the following helps explain growing income inequality in the United States in recent years?...
Which of the following helps explain growing income inequality in the United States in recent years? Multiple Choice Reduced immigration. Increased demand for highly skilled workers. The falling labor force participation rate of women. Increased power of unions.
Question 10 5 pts Social Problems, Chapter 2 The distribution of income in the United States...
Question 10 5 pts Social Problems, Chapter 2 The distribution of income in the United States over the past thirty years has become significantly more unequal. become significantly more equal. stayed about the same. changed to give the middle fifth of the population a significantly larger share. Question 2 5 pts Social Problems, Chapter 2 The authors of this text take the view that the social classes in U.S. society relate to one another in terms of dependence and exploitation....
In the midst of the recent development of a potential trade war, the attached WSJ article...
In the midst of the recent development of a potential trade war, the attached WSJ article “Just How Good Is Globalization” is worth revisiting. Summarize the article in about 250 words. What is your opinion of globalization? Wall Street Journal January 25, 2007; Page A10 Just How Good Is Globalization? Question Is Pondered By Key Leaders Amid Workers' Worries By MARCUS WALKER Davos, Switzerland The business and political leaders who gather every year at the World Economic Forum...
Why Malaysians need a well-comprehensive social safety nets program? Achieving high growth while ignoring the welfare...
Why Malaysians need a well-comprehensive social safety nets program? Achieving high growth while ignoring the welfare of the lower income group is an unwarranted act. Like the rest of the world, Malaysia suffers from the increasing gap between the rich and the poor despite the low incidence of absolute poverty today compared to in 1970s. Urban poverty is rising too together with the relative poverty due to income inequalities within and among the ethnic groups and the different social sectors....
Tata's prospects mirror those of India ta is India's largest corporate conglomerate, companies began expanding internationally,...
Tata's prospects mirror those of India ta is India's largest corporate conglomerate, companies began expanding internationally, almost a defensive move, anticipating greater competition in the Indian market (The Economist, 30 May 2009). Many Tata companies are now becoming global forces, reflecting their international ambitions, which echo those of India's government. spanning diverse business sectors from chemicals to hotels to steel. Founded by the Tata family during British rule, its history has unfolded with the upheavals of India itself. It continued...
Once upon a time American physicians had it all. Overcoming modest beginnings, internal divisions, and myriad...
Once upon a time American physicians had it all. Overcoming modest beginnings, internal divisions, and myriad rivals, during the 20th century doctors in the United States achieved “professional sovereignty” (Starr 1982). They secured extraordinary levels of clinical and financial autonomy, as well as social prestige and public deference, and through the American Medical Association (AMA) exerted substantial political influence over health policy making. Organized medicine had a crucial role in shaping the major institutions of American health care, including private...
Grading Obamacare: Successes, Failures and ‘Incompletes’ We’ve updated this article with the news that Republicans abandoned...
Grading Obamacare: Successes, Failures and ‘Incompletes’ We’ve updated this article with the news that Republicans abandoned a vote to repeal the Affordable Care Act. As House Speaker Paul Ryan acknowledged, Obamacare is still “the law of the land.” Did Obamacare work? It’s worth reflecting upon after President Trump and House Republicans failed on Friday to repeal and replace the “disaster” of Obamacare. Ever since the Affordable Care Act was passed in 2010, it has been so contentious that it can...
Read the Article posted below, then answer the following questions: 1. As a junior member of...
Read the Article posted below, then answer the following
questions:
1. As a junior member of your company’s committee to
explore new markets, you have received a memo from the chairperson
telling you to be prepared at the next meeting to discuss key
questions that need to be addressed if the company decides to look
further into the possibility of marketing to the BOP segment. The
ultimate goal of this meeting will be to establish a set of general
guidelines...
Question 10 5 pts Social Problems, Chapter 2 The distribution of income in the United States over the past thirty years has become significantly more unequal. become significantly more equal. stayed about the same. changed to give the middle fifth of the population a significantly larger share. Question 2 5 pts Social Problems, Chapter 2 The authors of this text take the view that the social classes in U.S. society relate to one another in terms of dependence and exploitation....
Tata's prospects mirror those of India ta is India's largest corporate conglomerate, companies began expanding internationally, almost a defensive move, anticipating greater competition in the Indian market (The Economist, 30 May 2009). Many Tata companies are now becoming global forces, reflecting their international ambitions, which echo those of India's government. spanning diverse business sectors from chemicals to hotels to steel. Founded by the Tata family during British rule, its history has unfolded with the upheavals of India itself. It continued...
Read the Article posted below, then answer the following
questions:
1. As a junior member of your company’s committee to
explore new markets, you have received a memo from the chairperson
telling you to be prepared at the next meeting to discuss key
questions that need to be addressed if the company decides to look
further into the possibility of marketing to the BOP segment. The
ultimate goal of this meeting will be to establish a set of general
guidelines...
Most questions answered within 3 hours.
-
If you were an international firm, why would you support the
concept of global free trade?...
asked 3 minutes ago -
Cisco packet tracer
Q1) Do you get any changes of IP address when packet is
traversing...
asked 46 minutes ago -
What is the pressure inside a 33.0 L container holding 106.4 kg
of argon gas at...
asked 1 hour ago -
Question no 2
A housekeeping support department budgets its costs at
SR 40,000 per month plus...
asked 1 hour ago -
A 1400Kg sports car accelerates from rest to 90km/h in 7.0s.
What is the average power...
asked 2 hours ago -
For the following reaction, 0.128 moles of
potassium hydrogen sulfateare mixed with
0.504 moles of potassium...
asked 5 hours ago -
1. What is the present value of $400, three years in the future
if the interest...
asked 6 hours ago -
The labor force minus the number of employed equals the number
of unemployed.
a. True
b....
asked 8 hours ago -
Determine the mass in units of grams [g] of 0.49 moles [mol]
of a new fictitious...
asked 8 hours ago -
A horizontal mass of M=5kg is on a spring and stretched to
x=0.5m when released from...
asked 10 hours ago -
26 of 50
"I have worked at the Arizona Humane Society for ten years, and
have...
asked 10 hours ago -
Compare and contrast zero based budgeting and incremental (or
base year) budgeting.
asked 10 hours ago