Author Question: The income distribution is a more accurate measure of economic inequality than the wealth ... (Read 34 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
The income distribution is a more accurate measure of economic inequality than the wealth distribution because income excludes human capital.
 
  Indicate whether the statement is true or false

Question 2

When the marginal product of labor exceeds the average product of labor, the average product must increase when employment increases.
 
  Indicate whether the statement is true or false



hollysheppard095

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library