What is the impact of income inequality on economic growth? A. Income inequality has no effect on economic growth B. Income inequality positively affects economic growth C. Income inequality negatively affects economic growth D. Income inequality is inversely related to economic growth
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- how Thomas Piketty relates the return on capital (r) to the rate of economic growth (g) in the context of inequalityB. Evaluate figure 23.2 below. What does this graph tell us about the relationship between income and fertility? Give four probable reasons for this trend.1. How can a social worker student further their growth?
- Which of the following actions is an example of an improvement in human capital? O A. Marcus hires three workers for his thriving electrical business. B. Michelle applies for a job as a mechanical engineer at Honeywell. C. Hawk Builders of Phoenix builds two new hospitals. D. Frank's Furniture trains all of its employees to use computers.How do gains in income inequality influence economic growth and expenditure rates?4. Discuss three problems that may arise from income inequality as it relates to economic development of a country.
- The Malthusian population trap tell us that a. trade routes of people is responsible for population growth. . b. that there is a stage that income and population stop to grow. c. increased population has nothing to do with economic growth. d. there is inequality in income there fore population is affected e. There is point in which population is not contributing to labor increases.Select all facts about the evolution of inequality in the world between 1960 and 2017? U Inequality at the individual level has decreased. The proportion of poor countries has increased. Inequality at the individual level did not increase as much as inequality at the country level. Inequality of the real per capita GDP across countries has increased. Inequality at the individual level has increased. The proportion of poor countries has decreased. Inequality of the real per capita GDP across countries has decreased. Inequality at the individual level did not decrease as much as inequality at the country level.a. Explain what is the income inequality in global economic issue. b. Explain what are the causes of income inequality in global economic issue. c. Explain what are the consequences of income inequality in global economic issue.
- do you not have to take the income forgone in the time spent raising each child to adulthood, defined by z into account?How can technology increase inequality with the GDP growth?Which of the following is an example of a positive economic statement? a.The government should not be involved in the income redistribution schemes. b.The after-tax distribution of income is more equal than the pre-tax distribution of income. c.The distribution of income in the United States should be more equal. d.The tax system should be more progressive so that the after-tax distribution of income can be more equal.