the highest fifth of all families receive approximately what percent of the distribution of annual money income among families?

Answers

Answer 1

The specific percentage corresponding to the highest fifth of all families receiving annual money income may vary depending on the data and time period being referenced.

However, if we consider a commonly used measure of income distribution, such as the "Quintile Share Ratio," we can make a general statement.

In the Quintile Share Ratio, the highest fifth of families refers to the top 20% of income earners. This group consists of the families with the highest incomes in the distribution. Typically, this segment holds a significant portion of the total income in the distribution.

While the exact percentage may vary, it is common for the highest fifth of families to capture a significant share of the income distribution, often ranging from approximately 40% to 50% or even higher, depending on the specific distribution of income within a country or region. It is worth noting that income inequality can differ across countries and over time, leading to variations in the percentage held by the highest income group.

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Related Questions

what is the difference of communism and socialism?

Answers

Communism there is No private ownership,central government,No class Distinction, Production for basic needs.


For socialism there is limited Private owner ship, government and private entities,Limited class distinctions and production for societal needs .

Why is account management important in the vegetable farming ? give reason . ​

Answers

Answer:

Money

Explanation:

The expected result of farming would be to make money, account management would help the most in making money. With account management, you can see how well your farm is producing money which in turn can tell you if you are growing quality crops or a crop that your clients want the most.

Answer:

It is important to appreciate the fact that modern business management principles can assist the farmer or farm manager, no matter how small his farm may be and however meager his capital. This is because of the two major tasks facing today’s farm managers.

Explanation:

Importance of agriculture in the Food supply Agriculture is the world’s leading source of food items. All the food substances that are essential viz. Agriculture produces vegetables, proteins, and oils. The carbohydrates provide all living beings with energy.

QUESTION 1 of 10: Large-cap stocks have a market capitalization of:
0 0 0 0
a) Between 300 million and 2 billion
b) Between 10 billion to 200 billion
c) Between 200 billion and 500 billion
d) Between 500 billion and 900 billion

Answers

It’s b I already did the question

each intermediary in the marketing channel ______.

Answers

Answer:

There are four main types of intermediary: agents, wholesalers, distributors, and retailers. A firm may have as many intermediaries in its distribution channel as it chooses. It can even have no intermediaries at all, if it practices direct marketing

Basically, all the intermediaries in marketing channel adds value in terms of the functions they performs.

The distribution of goods is made possible through Channels of distribution, but the Intermediaries are independent entities within the channel that make the product available for consumption.

The intermediaries in the Marketing channel includes the agents, wholesalers, distributors and retailers.

Therefore, all the intermediaries in marketing channel adds value in terms of the functions they performs.

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Consumers tend to purchase a good at a lower than at a higher price. Why (state any assumptions made)? Do consumers always behave this way? Explain your response.

Answers

According to the law of demand, the price of a good is negatively related to the quantity demanded all other things remaining equal.

Consumers do not always buy good at a lower price than at a higher price.

What is the law of demand?

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. there is an inverse relationship between price and quantity demanded.

Consumers do not always buy goods at a lower price than a higher price. For example, for luxury goods, consumers would prefer to buy it at a higher price than at a lower price. This is because luxury goods are used to show wealth. If the price of a good that is considered to be used solely be wealthy people declines, some rich people would not want to purchase the goods again because it is now affordable by the masses.

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Industries X and Y both have four-firm concentration ratios of 90 percent, but the Herfindahl index for X is 7,814, while that for Y is 8,206. These data suggest Multiple Choice greater market power in X than in Y. greater market power in Y than in X. O that X is more technologically progressive than Y. that price competition is stronger in Y than in X.

Answers

The given concentration ratios and Herfindahl index of Industries X and Y suggest greater market power in Y than in X.

The Herfindahl index is a market concentration metric that calculates the market concentration of a group of suppliers. It is the sum of the squares of the percentage market shares of all the firms that operate in a particular industry. It ranges from 0 to 10,000, with higher values indicating greater concentration.

A four-firm concentration ratio is a ratio that calculates the market share of the four largest firms in an industry. In other words, the percentage of total market share that is controlled by the four biggest firms is the four-firm concentration ratio (CR4).

The data provided for Industries X and Y suggests that both have a 90% four-firm concentration ratio. However, the Herfindahl index is 7,814 for Industry X and 8,206 for Industry Y.

A higher Herfindahl index indicates a greater concentration of market power among fewer companies. Therefore, the higher Herfindahl index of Industry Y suggests greater market power in Y than in X.

Therefore, the correct option is "greater market power in Y than in X."

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Gossip occurs when Jen and Kathy talk about _______. A. Their coworker Ted. B. The upcoming World Series. C. Their favorite TV show d. The clothes they will wear to a party.

Answers

Gossip occurs when Jen and Kathy talk about  their coworker Ted.

What is a Gossip?

A Gossip can be regarded as the practice usually found in the society and organization which involves talking about someone behind him or her.

It involves a friend saying something else about co workers and this can cause problem in the organization.

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Gossip occurs when Jen and Kathy talk about their coworker Ted.

The correct option is (A).

What is Single All The Way?

Single all the way is a Netflix-based Canadian romance comedy.

This is based on gay romance. The character has to answer his family's questions about being single because his family doesn't know that he is gay.

Thus, the correct option is (A) Their coworker Ted.

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The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter

Answers

The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as

$4.3055

This is further explained below.

What is the APR interest rate?

Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.

The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.

Interest rate APR = 12%

Average balance = ((200*5)+(350*15)+(150*10))/30

Average balance = $258.33

Average balance*APR/12

Finance charge =\(\frac{258.33*20 \%}{12 }\)

Finance charge = $4.3055

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studying macroeconomics helps us learn about the value and limitations of , which occurs across nations, typically involving foreign exchange transactions. a.) business cycles b.) economic indicators c.) fiscal policy d.) global trade

Answers

Learning about macroeconomics can help us understand the benefits and restrictions of global trade, which takes place between different countries and frequently involves exchange rate transactions.

Why is macroeconomics concerned with international trade?

International commerce boosts productivity and gives nations the chance to participate in a global economy, which promotes the possibility of foreign direct investment (FDI). Theoretically, economies can grow more effectively and join the competitive workforce more readily.

Because domestic markets are connected to foreign markets through trade, investment, and capital movements, macroeconomics frequently touches on the global stage. However, there may also be an international element to microeconomics.

What impact does macroeconomics have on global trade?

International commerce boosts GDP, and for a nation to flourish as a trading nation, it must raise exports because when exports exceed imports, GDP rises and the nation's economy becomes more stable.

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The intended audience for your résumé is a potential employer.


False

True

Answers

Answer:

True

Explanation:

False, it’s actually not just for hiring a potential employee, but its audience is ‘hiring a manager or recruiter.’ The recruiter works for the employee, and yet the manager is somewhat of a higher rank.

The Federal Reserve purchases large amounts of treasury securities in order
to:
A. slow down a period of rapid economic growth.
B. enforce regulations on its member banks.
C. increase the available money supply.
D. stop banks from lending too much money.
SUBMI

Answers

Answer: C. increase the available money supply

Explanation:

The supply of money is the total amount of money that a particular economy has at a particular point in time.

The Federal Reserve purchasing large amounts of treasury securities is an expansionary policy which means that it's a policy that is used to increase the money that's available in the economy.

When the government buys securities, it leads to more money on circulation. Likewise, if the federal government wants to reduce money supply, it sells securities to the people.

Therefore, the correct option is C.

C. increase the available money supply

Explanation:

The supply of money is the total amount of money that a particular economy has at a particular point in time.

List five different revenue streams below and briefly explain the importance of each.
(Will give brainliest)

Answers

The nature of revenues, their cyclicality and predictability, and, of course, the evaluation and analysis of how to increase or stabilize revenues for the business are all aided by having a working knowledge of revenue streams.

What are the five e-commerce revenue models?    Revenue Model for Sales...    Model for Advertising Revenue.    3 Model for Revenue from Subscriptions...    Model for Revenue from Transaction Fees...    Model for Affiliate Revenue.

What is revenue and how significant is it?

Your company's revenue is the money it receives during a specific accounting period. Because it appears first on your small business's income statement, revenue is also known as the top line. To determine your company's bottom line, you subtract revenue from business expenses.

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59
C
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges

Answers

Answer:

A). larger long-term credit or loan costs

B). less preparation for emergencies

E). increased long-term challenges

Explanation:

The outcomes that are likely to occur for someone who doesn't possess the skills associated with personal finance would be 'increased costs of the loan and long-term credits' which may lead to losses, 'little or no preparation for dealing with the emergency situations' that occur in a business, and 'enhanced challenges in long-term' as there is no preparation or knowledge present to overcome the situation. While a person having such skills would be more confident and prepared about the future as he has plans and preparedness in his mind and therefore, he takes decisions thoughtfully and is less probable to undergo any challenges.

. ray cortez rented a 16-foot truck to move into his new
apartment. he rented the truck for 2 days at a cost of
$37.50 per day plus $0.79 per mile. the collision waiver cost
$20.00. gasoline cost $74.60. ray drove 220 miles. what was
his cost per mile?

Answers

Answer: 37.5(2) + .79(220) + 20 + 74.6 = 343.4
$343.40 is the total cost

Cost per mile = 343.4/220 = $1.56 per mile

Hillman corporation reported a decrease in accounts receivable of $391,216. This is best defined as a _________ of cash on the _______________ segment on the statement of cash flows.

Answers

This is best described as a cash source on the operating activities segment of the cash flow statement.

More about operating segment:

The sum of funds a business earns from ongoing, routine business operations, such as producing and selling products or offering clients a service, is known as cash flow from operating activities (CFO). It is shown as the first portion of the cash flow statement for a corporation.

Net income and any alterations, such as depreciation expense, changes in accounts receivable, inventory, accounts payable, etc., are included in the operating segment of the cash flow statement. While a rise in operating cash flows results from a decrease in accounts receivable.

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if sellers pay more of a commodity tax than consumers, sellers receive more of a subsidy than consumers. True/False

Answers

False. The amount of subsidy received by sellers and consumers is not directly linked to the amount of commodity tax paid by either party.

A commodity tax is a tax on goods or services that is usually levied at the point of sale, and the burden of the tax can be shifted between buyers and sellers depending on market conditions. In some cases, sellers may be able to pass on the tax to consumers by increasing the price of the goods or services they offer. In other cases, consumers may end up bearing the burden of the tax by paying a higher price for the goods or services. Similarly, subsidies are payments made by the government to support certain industries or activities, and the amount of subsidy received by buyers and sellers may vary depending on the specific policies in place. Therefore, the relationship between commodity tax and subsidy is complex and cannot be simplified in a binary true/false statement.

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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.

Answers

Answer:

A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOU


What would be the best decision: To rent month-to-
month until you get a job, or to go ahead and sign a
lease for two years?
O Rent month to month.
O Sign the lease.

Answers

Answer:

Sign the lease.

A real estate agent would like to know how much she can expect a home to sell for depending upon the square footage of the home. Complete the statement based on the information. In this case, the explanatory variable is the and the response variable is the.

Answers

An explanatory variable that explains the results is the intended cause. The response variable, or anticipated outcome, responds to the explanatory variables.

According to your predictions, changes in one explanatory variable will occur before any modifications to the response variable. The variables are connected causally, either directly or indirectly. Through a mediator in a connection, an explanatory variable may indirectly affect a response variable. In the case of purely correlative relationships, there are no explanatory and response variables. A response variable may be the cause of both changes, even though changes in one variable are connected to changes in another. Explanatory and independent factors are very similar, but they also differ just somewhat. Research theory holds that independent variables are only subject to manipulation or modification at the hands of researchers and are not anticipated to be impacted by or dependent upon any other variables. If you do a controlled experiment in which you can exactly regulate how much caffeine each participant takes, the caffeine dose is an independent variable. However, the term "explanatory variable" is occasionally preferred over "independent variable" since independent variables can occasionally be influenced by other variables in real-world contexts. It appears from this that they are not truly independent.

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Answer:

-square footage

-selling price

Explanation:

edge 2023

Jackie told Casey that if she wants to sleepover she will have to sneak over some of her parents beer. Casey really doesn't want to break her parents trust.Jackie is likely exerting control over Casey using A. Emotional Abuse B. Intimidation C. Blame D. Peer Pressure

Answers

Answer:

D. Jackie is exerting control using Peer Pressure

Joanna Gaynes was an amazing high school student and so it was no great surprise when she was accepted into Prestige Private University (PPU). To entice Joanna to attend PPU, the school offered her a reduced tuition of $13,000 per year (full-time tuition would typically be $43,000 per year). PPU also has a scholarship program thanks to a large donation from William Gatos. Joanna was the Gatos Scholarship winner and will receive a scholarship for $20,000. Joanna is required to use the scholarship first to pay her $13,000 tuition and the remainder is to cover room and board at PPU. Lastly, PPU also offered Joanna a part-time job on the PPU campus as a student lab assistant in the Biology Department of PPU for which she is paid $1,500. Required: Go to the IRS website (www.irs.gov) and locate Publication 970. Review the section on Scholarships. Required: Write a letter to Joanna Gaynes stating how much of the PPU package for Joanna is taxable. Submit your letter using the Turnitin link below. Required: Write a letter to Joanna Gaynes stating how much of the PPU package for Joanna is taxable. Submit your letter using the Turnitin link below. Taxable Portion of PPU Package for Joanna Scholarship used for Room and Board =20000− 13000=7000 Add: Part Time Income from PPU =1500 Total Taxable Portion =8500 ANS

Answers

Below is a letter to Joanna gaynes about PPU  :-

Dear Joanna Gaynes,

I am writing to you regarding the taxability of your financial aid package at Prestige Private University (PPU). Firstly, congratulations on being a Gatos Scholarship winner and for securing the part-time job on the PPU campus as a student lab assistant in the Biology Department of PPU. Here is the amount of your PPU package that is taxable.

Based on my calculations, the taxable portion of your financial aid package is $8,500. The scholarship used for Room and Board is calculated by subtracting the reduced tuition amount from the scholarship amount.

It is $20,000 − $13,000 = $7,000. You must add the part-time income from PPU which is $1,500. The sum of these amounts is $8,500. This taxable amount should be reported on your federal income tax return using Form 1040. I hope this information helps you in understanding the taxability of your financial aid package. If you have any further questions or concerns, please feel free to ask me.

Thank you.

Sincerely,[Your Name]

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Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company better plans for the number of employees to hire.
O B. The company recruits college graduates instead of high school
O C. The company provides discipline for bad behavior like giving
O D. The company tells employees that their work matters.
graduates.
employees days off.

Answers

Answer:

The company tells employees that their work matters.

Explanation:

Employees develop an attachment with a workplace where their efforts are appreciated. Recognizing employees' inputs is a way of motivating them and increasing their satisfaction level, which prompts them to stay longer in the organization.

Burger Bliss should let their employees know that their input matters. Doing this motivates and makes the employee feel important. Burger Bliss will maintain its employees for longer if it makes them feel important and their input valued.

economic progress often leads to multiple choice question. higher growth rates in a planned economy. adoption of a totalitarian regime. higher growth rates in a command economy. adoption of a democratic government.

Answers

Option d: adoption of a democratic government. Economic progress often leads to the adoption of a democratic government.

Democracy and economic growth and development have developed a strong interrelationship throughout history.

The evidence for the existence of this relationship is irrefutable, but economists and historians are sharply divided as to its precise nature, which is why the latter has been the subject of much debate and research.

Economic growth is the increase in the production of the goods and services in an economy.

Increases in capital goods, labor, technology, and human capital can all contribute to economic growth.

Economic growth is usually measured by the increase in total market value of additional goods and services produced, using estimates such as GDP.

The four stages of economic growth are as follows- expansion, peak, contraction and trough.

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Kathryn wants to open a bank account that allows here to perform frequent transactions without being charged a penalty, and she does not want to maintain a minimum balance. What type of bank account should she open?

Answers

Answer:

checking account

Explanation:

A checking account is the bank account in which you can easily access your money. Here the purchase could be made via debit card, cheques, etc. It have no interest or low interest. It contains the service fees but it could be waived off by meeting out the balance or the requirement of the direct deposit

so as per the given situation, the person wants to perform frequent transactions without having any penalty and also she wants to maintain the minimum balance

So checking account should be opened

The Labour Relations Act 66 of 1995 has as one of its aims the attainment of Social Justice. What does social justice in the Labour market entail and how does the LRA aid the attainment of Social Justice?

Answers

The Labour Relations Act 66 of 1995 is aimed at promoting social justice in the labour market. This involves fair treatment for employees and employers, without any kind of prejudice or discrimination. Social justice in the labour market is all about ensuring that there is fairness in terms of remuneration, benefits, working conditions, opportunities for career development, and access to training.Overall, the LRA is aimed at promoting social justice in the labour market by ensuring that there is fairness and equity for all parties involved.

The LRA provides for the establishment of bargaining councils and dispute resolution mechanisms, which are intended to ensure that there is transparency and accountability in the labour market.The LRA also requires employers to treat their employees fairly and to comply with certain labour standards. It also provides for the establishment of the Commission for Conciliation, Mediation and Arbitration (CCMA), which provides a forum for the resolution of labour disputes. The CCMA is an independent body that is tasked with resolving disputes between employees and employers. It has the power to conduct conciliation and arbitration hearings and to make legally binding awards. The LRA also provides for the right to strike, which is a crucial tool for workers to negotiate better wages and working conditions.

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You're the production manager for Blue Ribbon Bakery, and you're responsible for managing the inventory of all of the flour, eggs, milk, butter, and other raw materials that go into the company's baked goods. Storing all of these raw materials, some of which require refrigeration, can get expensive so you don't like to go overboard on ordering them, but on the other hand you have to make sure the bakery workers have what they need.

Required:
What methods of inventory control do you think will work best at Blue Ribbon?

Answers

The inventory control methods that will work best at Blue Ribbon Bakery will be the Just-in-Time (JIT) method, which helps to stock the raw materials available in the proper quantity to be used during the work.

Just-in-Time is a method that seeks to optimize inventory, by providing the exact quantity for demand, avoiding waste, reducing costs and improving other processes by increasing quality, such as storage, transport and cash flow.

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BC is about to begin its annual capital budgeting process, and the cost of capital is an essential input for capital budgeting decisions. Your team plans to use an Excel model both to illustrate the discussion and also to help the directors learn more about Excel. The team plans to discuss the costs of different types of capital, the process of calculating the weighted average cost of capital (WACC), the appropriate weights, how the WACC is used in the capital budgeting process, and how the corporate WACC is adjusted to reflect the risks of different projects. Assume that you must prepare for the session. You must discuss the issues listed above, plus any others that you think are relevant for this session. For purposes of this case, assume that your analysis is conducted today.

Answers

In the annual capital budgeting process, BC needs to consider the cost of capital for making investment decisions. To facilitate discussions and improve Excel skills, your team plans to use an Excel model.

Here's what you should discuss:

1. Costs of different types of capital: Explain the costs associated with equity, debt, and other sources of financing. Discuss factors such as interest rates, dividends, and other expenses.

2. Calculating the weighted average cost of capital (WACC): Describe how to calculate the WACC, which is the average rate of return required by investors. It is computed by weighting the costs of different capital sources based on their proportion in the company's capital structure.

3. Determining appropriate weights: Discuss how to assign weights to different capital sources based on their relative importance in the company's capital structure. Explain factors such as market values, book values, and target capital structure.

4. Utilizing WACC in capital budgeting: Explain how the WACC is used as a discount rate to evaluate potential investment projects. Discuss how projects with expected returns higher than the WACC are considered favorable for investment.

5. Adjusting corporate WACC for project risks: Highlight the importance of adjusting the WACC to reflect the risks associated with different projects. Discuss factors like project size, duration, market conditions, and industry risks.

Additional relevant issues to discuss may include tax implications, cost of equity estimation, and the impact of external factors on the cost of capital.

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The economic survey 2018 suggest that the psychological biases
can be used in the realm of tax compliance. It is in favour of using
religious norms such “dying in debt is a sin” to improve tax
compliance.
Identify the related dimensions of business environment.
Answer
(a) Legal and social dimension
(b) Social, and economic dimension
(c) Technological and political dimension
(d) Political and economic dimension

Answers

Answer: (a) Legal and social dimension

Explanation:

The Legal dimension of the business environment deals with laws and regulations governing the business environment. Tax compliance will therefore fall under this dimension.

The social dimension includes social structures like culture, tradition and the like. Using religious norms will therefore fall under here as religion falls under social structures.

If a country does not encourage upward mobility from a low social class to a higher social class, what kind of score would you expect this country to have on one of Hofstede's cultural dimensions? a high on individualism b low on masculinity c high on power distance d low on uncertainty avoidance e high on long-term orientation

Answers

If a country does not encourage upward mobility from a low social class to a higher social class, the kind of score expected of this country on one of Hofstede's cultural dimensions would be a high score on power distance.

Power distance is one of Hofstede's cultural dimensions. This dimension examines the degree of inequality among people that is socially accepted. It's the extent to which individuals in a culture recognize that power is distributed unevenly in society. A high score on this dimension suggests that society is hierarchical, with a significant difference between those in power and those who are not. Individuals in high power distance countries may be more willing to accept the unequal distribution of power in society and to follow orders and directives from those in authority, which is often manifested in the form of obedience and respect for authority.Conversely, societies with low power distance scores will reject authoritarianism and hierarchy.

The division between those in power and those who are not is often smaller. Power distance is measured on a scale of 1 to 100, with high scores indicating greater power distance and a more hierarchical society. Countries with a high power distance score are more likely to place a premium on authority, bureaucracy, and formalities. Therefore, a country that does not encourage upward mobility from a low social class to a higher social class is likely to score high on power distance.

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The federal reserve can affect you through

Answers

As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.

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