This topic contains a solution. Click here to go to the answer

Author Question: What is the main reason that the distribution of measured wealth is more unequal than the ... (Read 63 times)

theo

  • Hero Member
  • *****
  • Posts: 698
What is the main reason that the distribution of measured wealth is more unequal than the distribution of income?
 
  What will be an ideal response?

Question 2

When the market demand increases in a perfect competition, the long-run result is a larger number of firms, a higher price, and a permanent economic profit for the firms.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

The distribution of income statistics include the returns from human capital, but the distribution of measured wealth statistics do not include the stock of human capital.

Answer to Question 2

FALSE




theo

  • Member
  • Posts: 698
Reply 2 on: Jun 29, 2018
Excellent


jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

For a complete list of videos, visit our video library