Why are incomes so much more unequal in poor nations than in rich ones?
Question:
Why are incomes so much more unequal in poor nations than in rich ones?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
There are several reasons for this A major reason is the lack of resources needed for i...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
The Macro Economy Today
ISBN: 978-1259291821
14th edition
Authors: Bradley R. Schiller, Karen Gebhardt
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions: 1. The proportion of income received by the richest 5 percent of Americans has a. Edged upward since the 1980s. b. Held steady since the 1980s. c. Decreased slightly since...
-
Read Eye on Rich and Poor Nations. Which nations are the richest and which are growing the fastest? What are the conditions that lead to higher incomes and faster growing incomes?
-
1. Why should wealthy nations be concerned about seeing that poor ones collect their fair share of taxes? 2. Do you agree that accountants and accounting firms share the blame for perpetuating...
-
27 01:08:40 In business decision-making, managers typically examine the two fundamental factors of: Multiple Choice Grow Hill Edurata Type here to search O Risk and capital investment. Risk and...
-
Derive the total potential energy for the prismatic circular cross-section torsion bar shown in Figure P5-47. Also determine the equivalent nodal torques for the bar subjected to uniform torque per...
-
The beginning balance sheet of Landeau Corporation included the following: Equity-method Investment in NEW Software ........................... $614,000 Landeau Corporation completed the following...
-
Question: Flyby Knight (FK) contracts to sell 12 helicopters to Air Nigeria, for $8 million each. Payment is to be made by letter of credit, issued by the Bank of Nigeria, confirmed by Citibank in...
-
Wal-Mart Stores (Walmart) is the worlds largest retailer. It employs an everyday low price strategy and operates stores as three business segments: Wal-Mart Stores U.S., International, and Sams Club....
-
Schedule of Cash Collections of Accounts Receivable Pet Place Supplies Inc., a pet wholesale supplier, was organized on May 1. Projected sales for each of the first three months of operations are as...
-
Please solve this problem using C language Hacker Industries has a number of employees. The company assigns each employee a numeric evaluation score and stores these scores in a list. A manager is...
-
The accompanying chart presents data on the price of fuel oil, the quantity demanded of fuel oil, and the quantity demanded for insulation. a. Calculate the price elasticity (arc-elasticity) of...
-
How might free markets help reduce global poverty? How might they impede that goal?
-
Consider the project balance profiles shown in Table P5.30 for proposed investment projects. Project balance figures are rounded to nearest dollars. (a) Compute the net present worth of projects A...
-
Assume that a vector, x, is given as: x = [1, 23, 43, 72, 87,56,98,33] a) [10pts] Use a for loop to sum the elements in x and print the result by using fprintf. b) [10pts] Use a while loop to sum the...
-
Suresh Company reports the following segment (department) income results for the year. Sales: Expenses Avoidable Unavoidable Total expenses Income (loss) Department M $ 66,000 Department N $ 38,000...
-
Palouse Company completed the salary and wage payroll for the month of March. The payroll provided the following details: Salaries and wages earned by employees. Employee income taxes withheld...
-
Carmen Camry operates a consulting firm called Help Today, which began operations on December 1. On December 31, the company's records show the following selected accounts and amounts for the month...
-
(2) Find the error(s) if any, and fix the code: int sum(int n) {//assume n is non-negative if (0 == n) } else return 0: n+ sum (n-1);
-
Prelec (1998) suggested the alternative probability weighting function with 0 w(p) = e-(-logp)
-
Marc Company assembles products from a group of interconnecting parts. The company produces some of the parts and buys some from outside vendors. The vendor for Part X has just increased its price by...
-
As a result of a fire damaging their residence, the Taylors must stay in a motel for three weeks while their home is being restored. They pay $2,000 for the room and $500 for meals. Their homeowners...
-
Bold Corporation paid $25 to each full-time employee at year-end in recognition of the holidays. Bold Corporation is interested in whether the amounts are taxable income to its employees, and whether...
-
What problem may exist in determining the amount realized for an investor who exchanges common stock of a publicly traded corporation for a used building? How is the problem likely to be resolved?
-
Separating the people from the issue in an ethical conflict situation allows the leader to approach the conflict situation with more A. compromise B. superiority C. power D. resources E. objectivity
-
Some research suggests more men are staying home and taking care of the children while the wife works, that is an example of which general environmental factor? O Socio-cultural (Social) O Special...
-
Which statement about human resources is true? Human resources can be imitated. Human resources are commonly found. OHuman resources have no good substitutes. Human resources seldom perform critical...
Study smarter with the SolutionInn App