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Quiz 10 (Q10) Tine Limit: 03000 Time Let00026 Latrease Drake: Attempt 1 e is sma

ID: 2429272 • Letter: Q

Question

Quiz 10 (Q10) Tine Limit: 03000 Time Let00026 Latrease Drake: Attempt 1 e is smaller with the government support progra 3) is not affected by the government support program -4) is larger with the government support prouram Save Question 16 (5 points) ) n society that is received Economic inequality compares the share of the by different groups; such as comparing the share of income received by the to the share of income received by the 1) total wealth: top 10%: bottom 10% | 2) answers a and c are correct 3) total income: bottom 10%; top 10% 4) none of the above are correct. Save Question 17 (5 points) If a rise in incomes for both low-income and high-income workers is higher for the high-income workers

Explanation / Answer

option 2 is correct

Both income and wealth inequality constitute the economic inequality and are measured as a ratio of the wealth/income received by the top 10% to that received by the bottom 10%.