In the figure above, if income were distributed equally across all households, the poorest 10 percent of households would receive ________ of total income.
A) 5 percent
B) 10 percent
C) 15 percent
D) 20 percent
Question 2
The symmetry principle states that
A) the poorest person must be made as well off as possible.
B) income should be transferred from the rich to the poor up to the point of complete equality.
C) resources should be common property.
D) people in similar situations must be treated similarly.
Historian James Merrell notes several errors in Benjamin West’s famous 1771 painting, William Penn’s
Parents who grew up in dual-earner families are more apt to share household tasks equally than those ...
The More Things Change, The More They Say the Same: Dividing the Nation's Income
Regional Variation in Income and Access to the Sea
Income per Capita versus Inequality
Solow Model with Saving Dependent on Income Level