--%>

Greater inequality in income distribution

Greater inequality within the income distribution tends to give in greater: (1) social stability and harmony. (2) disincentives against productive efforts. (3) disparities between a Lorenz curve and a 45 degree reference line. (4) maturity of the market system within an economy. (5) equality in the wealth distribution.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Constant cost industry of production

    When Del’s production function and costs are characteristic for wheat farmers and when wheat farming is a constant cost industry, in that case in the long run, there the price of wheat will be: (i) $4 per bushel. (ii) $6 per bushel. (iii) $8 per

  • Q : Prohibition in financial intermediaries

    Financial intermediaries are not: (1) channels linking parties who want to save to parties who want to invest. (2) restricted to serving primarily large savers and investors. (3) more significant in determining the U.S. money supply than all are produ

  • Q : Firms sanctioned by state laws I have a

    I have a problem in economics on Firms sanctioned by state laws. Please help me in the following question. The Firms sanctioned by state laws and considered lawful entities separate and dissimilar from their owners are: (1) Proprietorships. (2) Corpor

  • Q : Output level of profit maximizing of

    The profit maximizing competitive firm in illustrated graph will: (i) produce output level q5. (ii) minimize total costs by producing output level q3. (iii) experience fixed costs equal to 0P3fq4. (iv) produce output level q4. (v) inevitably experienc

  • Q : Legal barriers to entry in a market

    Governmentally-imposed obstacles to the entrance of new firms within a market are termed as: (1) regulatory barriers or legal barriers to entry. (2) strategic barriers to entry. (3) natural barriers to entry. (4) tax barriers to entry. (5) revenue blockades.

  • Q : Competitive equilibrium in competitive

    I have a problem in economics on Competitive equilibrium in competitive labor markets. Please help me in the following question. The Competitive equilibrium in competitive labor markets need: (1) P = MR = AVC. (2) VMP - P is maximized. (3) MPP = P. (4

  • Q : Simple circular flow model The simple

    The simple circular flow model illustrates that: A) households are on the buying side of both product and resource markets. B) businesses are on the selling side of both product and resource markets. C) households are on the selling side of the resource market and on

  • Q : Good taxed revenue of price inelastic

    Government tax revenue would raise most from a specified tax when the good taxed contain a relatively: (w) price elastic demand. (x) price inelastic demand. (y) unitary price elastic demand. (z) flatter demand curve.

    Q : Define Capital expenditure Capital

    Capital expenditure: Any expenditure which will lead to formation of an asset or reduction in liability. This is financed out of capital receipts of government. Illustrations: Expenses on construction of roads, canals, bridges, grant of loans by the c

  • Q : Influence of good on opportunity cost

    The law of demand defines that, all as well constant, consumers will obtain: (i) More of a good, the lower its opportunity cost. (ii) Less of any good, higher the prices of its substitutes. (iii) Advertised goods more often than generic products. (iv) Greater luxuries