« previous next »

Author Question: How is the personal distribution of income in India changing? What will be an ideal ... (Read 52 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
How is the personal distribution of income in India changing?
 
  What will be an ideal response?

Question 2

Refer to Figure 13-4. In the figure above, LRAS1 and SRAS1 denote LRAS and SRAS in year 1, while LRAS2 and SRAS2 denote LRAS and SRAS in year 2. Given the economy is at point A in year 1, what is the growth rate in potential GDP in year 2?
 
  A) 8 B) 9.1 C) 10 D) 12


hollysheppard095

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

If the number of millionaires is growing more rapidly than the number of other income groups, it will be the case that the personal dis-tribution of income in India is becoming less equally distributed.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Elephant pillar carvings at Kailash Temple, India Elephant pillar carvings at Kailash Temple, India
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Percentage distribution of outcomes of teenaged pregnancy Percentage distribution of outcomes of teenaged pregnancy
The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2 The phenotypic distribution in a cross with two traits: seed color and seed shape. Plants in the F2
Gravitational Force Due to a Distribution of Mass Problem 1 Gravitational Force Due to a Distribution of Mass Problem 1
In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ... In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ...
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library