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.Management Sciences
A. the ratio of the percentage of total income received by the top 20% of families to the percentage of total income received by by the bottom 20% of families
B. the most common way of representing the income distribution graphically
C. a commonly used measure of the degree of inequality in an income distribution
D. a commonly used measure of the degree of inequity in an income distribution
Related Mcqs:
- If the income effect is smaller than the substitution effect, higher net wages will ?
- A. reduce the supply of labour. B. increase the demand for labour C. increase the supply of labour D. have no effect on the supply of labour...
- Differences in wages that result from differences in working conditions are known as ?
- A. occupational differentials B. search differentials C. job differentials. D. compensating differentials...
- Mariam earns more than Seamus and she came by her income fairly and honestly which of the following political philosophies would argue against the redistribution of income from Mariam to Seamus ?
- A. all of these answers B. libertarianism C. utilitarianism D. none of these answers...
- Rank utilitarianism liberalism, and libertarianism in sequence from the political philosophy that would redistribute income the greatest to the one that would redistribute income the least?
- A. utilitarianism, liberalism, libertarianism B. All three political philosophies argue for similar degree of income redistribution C. liberalism, libertarianism, utilitarianism D. libertarianism liberalism, utilarianism E. libertariansim, utilitarianism, libertarianism...
- The marginal tax rate is ?
- A. the tax rate you pay on any additional income that you earn. B. the total amount of tax you pay divided by your total income C. the additional tax you pay divided by your total income D. your total income divided by the total amount of tax you pay....
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