Why can growth lead to a more unequal distribution of income? O A. B. Capital in

Question

Why can growth lead to a more unequal distribution of income? O A. B. Capital investment requires saving and saving comes mostly from the rich rather than the poor Even if lower i come earners continue to expenence increases n income from economic growth, the incases to h gher income earners may naaase at a quicker rate. O C. Growth requires high incentives for those who work and invest in the way that matches consumer desires most closely, and this means that the rewards for work and investment will be unequally distributed. O D. All of the above. How is it possible for the poor to benefit from economic growth? O A. Economic growth can raise the level of capital being used in the economy, allowing additional resources to be put to altemative uses. O B. Economic growth can create additional levels of pollution in an economy. O C. Economic growth raises the level of income everyone can earn. It raises income at the bottom not just the top even if income goes up quicker at higher levels. O D. All of the above. Click to select your answer

Explanation / Answer

a) "D"

All the above gievn options are correct.

b) "C"

Economic growth raises the level of income eveyone can earn, It raises income at teh bottom not just the top even if income goes up quicker at higher level.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.