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

Author Question: In the United States, how does the income received by the richest 20 percent of individuals compare ... (Read 102 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
In the United States, how does the income received by the richest 20 percent of individuals compare with the income received by the other 80 percent?
 
  What will be an ideal response?

Question 2

Suppose Honda purchases a car factory in the United States. This purchase is entered into which of the balance of payments accounts?
 
  A) business purchases account
  B) current account
  C) capital and financial account
  D) trade account
  E) official settlements account



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

In the United States, the richest 20 percent of individuals receive about 51 percent of the nation's total income. Thus the other 80 percent of individuals receive the remainder, about 49 percent of the nation's income. So the richest 20 percent of the individuals receive almost the same amount as the other 80 percent of people.

Answer to Question 2

C




yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Wow, this really help


deja

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library