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 105 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
Gracias!


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library