A welding machine is an example of a factor of production if it ...

[JMatthes]

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]

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.