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Business, 20.09.2019 22:00 connorhanratty6487

Recent studies about wealth inequality and income inequality indicate that the american public's estimates of the distribution of wealth t of 2.00 question estimat article surrimary and income are quite different than actual data suggests. with respect to wealth, the top 20 percent of households hold more than 84% and the bottom 40 percent hold less than l %, yet the public's estimates were 59% and9% i spectively in terms of in ome in quality, the public ted that the ceo to worker pay ratio was 30-to-1, whereas data suggests the actual ratio is 354 to-1, up from 20-10-1 in the 1960s. has referred to economic inequality as the defining challenge of our time," and although americans seem to recognize inequality is a problem that needs to be addressed that income and wealth gaps have widened, only 5 percent indicate that this source: nicholas fitz, teconomic inequality it's far worse than you think scientific american march 31, 2015 refer to the article summary the article discusses income inequality, and for some people this means a more equitable distribution of income is needed in the economy. would an equitable distribution of income necessarily be the most efficient distribution of income? select one a. yes, equitable and efficient are two different words which have the same definition. 0 b. yes, in order for the distribution to be equitable it must also be efficient. o c. no, an economically efficient distribution of income would not necessarily be equitable. β—‹ d. no, itis impossible to have an economically e r cient distribution which is also an equitable distribution.

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