« previous next »

Author Question: What is the difference between the functional and the personal distribution of income? What will ... (Read 78 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jun 30, 2018
What is the difference between the functional and the personal distribution of income?
 
  What will be an ideal response?

Question 2

A consequence of the CPI bias is that it
 
  A) decreases government outlays.
  B) reduces outlet substitution bias.
  C) means that it is impossible to measure the inflation rate.
  D) increases international trade.
  E) distorts private contracts.


bd5255

  • Sr. Member
  • ****
  • Posts: 386
Reply #1 on: Jun 30, 2018
Answer to Question 1

The functional distribution of income shows how total income is divided among the factors of production. The personal distribution of income shows how total income is divided among households.

Answer to Question 2

E


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Distribution of bonding and outer nonbonding electrons in the peptide group Distribution of bonding and outer nonbonding electrons in the peptide group
Ten Leading Causes of Death in High-Income Countries, 2008 Ten Leading Causes of Death in High-Income Countries, 2008
Prevalence and Sex Distribution of Top 10 Autoimmune Diseases Diagnosed in the United States Prevalence and Sex Distribution of Top 10 Autoimmune Diseases Diagnosed in the United States
Average Distribution of Incoming Solar Radiation Average Distribution of Incoming Solar Radiation
The threshold model explains the discontinuous distribution of some multifactorial traits. In this m The threshold model explains the discontinuous distribution of some multifactorial traits. In this m
Clumped distribution of schooling squirrelfish Clumped distribution of schooling squirrelfish
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library