Explain what is meant by the term distribution of income


Problem

1. Explain what is meant by the term distribution of income.

2. Identify the major reasons for inequality in the distribution of income.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain what is meant by the term distribution of income
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