This topic contains a solution. Click here to go to the answer

Author Question: In the United States, how does the income received by the richest 20 percent of individuals compare ... (Read 115 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
In the United States, how does the income received by the richest 20 percent of individuals compare with the income received by the other 80 percent?
 
  What will be an ideal response?

Question 2

Suppose Honda purchases a car factory in the United States. This purchase is entered into which of the balance of payments accounts?
 
  A) business purchases account
  B) current account
  C) capital and financial account
  D) trade account
  E) official settlements account



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

In the United States, the richest 20 percent of individuals receive about 51 percent of the nation's total income. Thus the other 80 percent of individuals receive the remainder, about 49 percent of the nation's income. So the richest 20 percent of the individuals receive almost the same amount as the other 80 percent of people.

Answer to Question 2

C




yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library