What is the relationship between the business world and U.S. political system for the inequalities in wealth and income?

Q: Is the federal government effective in the jobs we expect it to do?

A: A theoretical approach on regulation, employment, and the economy Proponents of deregulation have…

Q: Who is poor? Why does poverty still exist?

A: Poverty: It refers to a situation under which the individuals are unable to fulfill their basic…

Q: and

A: a) Because it encourages individuals to work more in order to earn more money, income disparity may…

Q: Is there really a problem that needs to be addressed regarding the imbalance between wealthy…

A: For centuries we have been living and following this trend in the society in which there exists both…

Q: Discuss how policy variables, government spending and taxation, are used to influence economic…

A: A policy through which the government tends to adjusts its levels of spending and tax rates for…

Q: What do the charts tell us about the distribution of income in the U.S.?

A: Italian statistician Corrado Ginni is the one who invents the tool Gini Coefficient. It is an…

Q: Define each term. If Oman government redistributes income from the rich to the poor, explain how…

A: Efficiency in simple terms means the ideal production and its resource allocation in a…

Q: When comparing income and wealth inequality among "Western" industrial societies globally, the U.S.…

A: The income inequality shows that how much it differs when someone is earned in a given year in terms…

Q: What is low income level

A: Low income level refers to the level of income per consumption which is below the median income…

Q: What is the wealth gap?

A: Uneven distribution of assets among the citizens of a country creates wealth gap. Increase in…

Q: Why might one person work more, earn more, and pay more income tax when his or her tax rate is cut,…

A: When there is a cut in tax, there is an increase in the marginal after-tax income. A person will…

Q: Why inequality still exist?

A: Inequality refers to the state or situation of not being equal in various aspects such as rights,…

Q: Explain how a country might measure inequalities in their society.

A: Inequality refers to the state of not being equal in terms of status, rights, resources and…

Q: What is the state of distribution of wealth globally and in the US?

A: The term "wealth distribution" refers to a comparison of the wealth of various individuals or groups…

Q: 1. give at least three (3) government programs or policies that you believe are effective at…

A: Develop and implement rapid and sustained economic growth policies and programs, in areas such as…

Q: Are economic inequality and national income related? Explain

A: Economic inequality refers to the situation where the economic factors are unequally distributed…

Q: explain the existence and rise of the nonprofit sector through the lens of the economic theory. What…

A: The non profit sectors refer to the one who have no profit motive, instead their main goal is the…

Q: Can regional differences in unemployment rates and poverty rates exist in spatial equilibrium?

A: Spatial equilibrium refers to the general economic equilibrium because it is the equilibrium in the…

Q: One way that the positive correlation between education and higher earnings can be interpreted is…

A: It is true that there exist a positive correlation between education and higher earning.

Q: ow do you think an investment in human capital will impact you and the effect it has on wages and…

A: Human capital is a method of depicting the estimation of our abilities, ability, and labor to the…

Q: Mark Zuckerberg of Facebook and Elon Musk of Space X have taken risks to build to their businesses…

A: Tax is the compulsory payment made by private and institutions to the government without having any…

Q: What is the relationship between the low-interest rate and inequality?

A: The central bank's political economy policy is thought as financial policy. it's a demand-side…

Q: What are the benefits to POLICY MAKER when we studied the relationship between the migration and the…

A: Economic inequality can take several forms, the two most frequent of which are differences in wealth…

Q: Why we need to investigate the relationship between migration and income inequality? Explain.

A: There are several types of economic inequality, the most common of which are income disparity…

Q: What is the poverty trap? Group of answer choices A)The situation where government assistance can…

A: Poverty trap is related  to the existence of poverty in an economy, and the inability to escape from…

Q: State True or False: Since the 1970s, the gap between the rich and the poor in the United States has…

A: The income gap can be defined as the gap in the income of two groups of people which in the respect…

Q: what could the federal government have done to alleviate the human suffering of the Great…

A: The great depression began in the U.S. in October 1929. The stock market had crashed and the economy…

Q: What federal program protects economic security for working people?

A: When it comes to job-related protection and benefits, to say nothing about recruiting and…

Q: What is the importance of the ‘third sector or voluntary sector/community sector (also non-profit…

A: Third sector or Voluntary Organisations are non-profit, autonomous, non-statuary organizations which…

Q: .   Government raising taxes to increase redistribution of income to improve equality results in…

A: Disposable income is the difference between income and taxes. Increase in taxes decreases disposable…

Q: As the baby boom generation retires, the ratio of retirees to workers will increase noticeably. How…

A: The coming retirement of the greatest generation in United states history, the 76 million people…

Q: Incomes in China and India are a small fraction of incomes in the United States. But incomes in…

A: The Lorenz curve is a graphical portrayal of the dispersion of income or abundance in the general…

Q: how does the bill of rights connect to equality and freedom? Without the bill of rights would there…

A: Individual civil rights and liberties, such as freedom of speech, press, and religion, are protected…

Q: Which of the following statements are true about income inequality? Choose all that apply. A. Income…

A: Inequality in terms of income refers to the manner in which a population's income is allocated…

Q: Why do national and global scale events such as the Great Recession have different effects in…

A: Great Recession was observed in national economies globally. The timing and scale of recession…

Q: What accounts for the rapid growth in the number ofolder Americans?

A: The average time a living being is projected to live is referred to as life expectancy. It is based…

Q: What is the relationship between the rising cost of living and low-income communities’ standard of…

A: The cost of living is the average amount of money that people in a certain location require in order…