ECONOMICS
INCOME DISTRIBUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Differences in types of job can cause income inequalities
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The answer is a. Income inequality has increased steadily in the U.S. since 1970.
Detailed explanation-2: -Detailed Solution. The correct answer is Growth of Service Sector in India.
Detailed explanation-3: -High levels of income inequality are linked to economic instability, financial crisis, debt and inflation.
Detailed explanation-4: -Income Inequality. Income inequality is the extent to which income is distributed unevenly in a group of people. Income. Pay Inequality. A person’s pay is different to their income. Pay refers to payment from employment only. Wealth Inequality.
There is 1 question to complete.