Asked by Fatihah Masri on Jun 03, 2024
Verified
Compared to 1968,in 2008 income distribution would be considered
A) much more equal.
B) somewhat more equal.
C) about as equal.
D) somewhat less equal.
E) much less equal.
Income Distribution
The way in which a nation’s total earnings are divided among its population.
- Familiarize yourself with the historical tendencies regarding the distribution of income and poverty rates.
Verified Answer
TE
Trevorlin ElderJun 09, 2024
Final Answer :
E
Explanation :
In 2008, income distribution was considered much less equal compared to 1968, due to factors such as increased income inequality, wage stagnation for the middle and lower classes, and significant income gains for the top earners.
Learning Objectives
- Familiarize yourself with the historical tendencies regarding the distribution of income and poverty rates.