``Understanding How Inequality in the Distri- bution of Income Affects Health.'' Journal of Health Psychology 2(3):297-314.Lynch, J. W. & Kaplan, G. A. 1997. Understanding How Inequality in the Distribution of Income Affects Health. Journal of Health Psychology, 2, 297- 314....
One of his explanations forrising inequalityin the U.S. and elsewhere around the world is what economists call "rent-seeking behavior." That refers to the ability of the wealthy and powerful to influence the political process, keep top tax rates low and increase their income at the expense o...
This is a useful approach that gives considerable detail on how income shares have changed over time for different income groups in the economy. However, it's also useful to arrive at a single number that characterizes the degree of inequality, and for that the most common measure is theGini...
Wealth inequality and conflict over redistribution. Social Justice Research, 35(4), 436–461. https://doi.org/10.1007/s11211-021-00384-x Article PubMed PubMed Central Google Scholar Luebker, M. (2014). Income inequality, redistribution, and poverty: Contrasting rational choice and behavioral ...
Almost all economists agree that rent control: a. adversely affects the availability and quality of housing b. is a very inexpensive way to help the most needy members of society c. has no effect on the rental income of landlords d. allows the market for ...
When certain portions of society have a higher level of income and hence possess a large amount of resources, while other portions have a lower income and enjoy fewer resources, there is income inequality.Answer and Explanation: Consider the following potential outcomes for the ...
Poverty affects the economy of a nation by increasing the amount of money that the government spends. When the poverty rate in an economy is high,...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough...
How does the tax system foster inequality and effect the economy and market structures?Question:How does the tax system foster inequality and effect the economy and market structures?Taxation:Taxation is the process through with government levies a compulsory payment that is remitt...
An increase or decrease in taxes affects the economy and spending decisions of individuals in higher and lower income brackets.
How Job Training Influences the Economy A successful economy has a workforce capable of operating industries at a level where it holds acompetitive advantageover the economies of other countries. Nations may try incentivizing training throughtax breaks, providing facilities to train workers, or a varie...