« previous next »

Author Question: A welding machine is an example of a factor of production if it is being used to produce ... (Read 13 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
A welding machine is an example of a factor of production if it is being used to produce automobiles.
 
  Indicate whether the statement is true or false

Question 2

Does inherited wealth make the distribution of income less equal or more equal?
 
  What will be an ideal response?


l.stuut

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

An inheritance from older to a younger generations can only increase wealth and can never decreases wealth within a family, which helps make the distribution of wealth more unequal over time, all else equal. However if a generation is lucky and earns a high income and then passes some of it along as an inheritance to more typical less lucky lower-income generations, then inherited wealth makes the distribution of income more equal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Evidence that the ATP synthase is a rotary machine Evidence that the ATP synthase is a rotary machine
Pair Production and Annihilation Pair Production and Annihilation
Production-scale tangential flow filtration system. Production-scale tangential flow filtration system.
Tricyclic antidepressants produce their effects by inhibiting the reuptake of neurotransmitters ... Tricyclic antidepressants produce their effects by inhibiting the reuptake of neurotransmitters ...
As the world’s population continues to grow, demands on limited resources for food production As the world’s population continues to grow, demands on limited resources for food production
How many grams of NO are required to produce 145 g of N2 in the following reaction? 4NH3 + 6NO ... How many grams of NO are required to produce 145 g of N2 in the following reaction? 4NH3 + 6NO ...
Video: Sperm Formation

For a complete list of videos, visit our video library