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nydimaria [60]
2 years ago
12

If a rise in incomes is the same proportion for both low-income and high-income workers, then poverty will rise and inequality w

ill remain unchanged. then poverty will rise and inequality will rise. then poverty will fall and inequality will remain unchanged. then poverty will fall and inequality will fall.
Business
1 answer:
Nonamiya [84]2 years ago
3 0

Then poverty will fall and inequality will rise.

<h3>What is poverty?</h3>
  • Being in a state of poverty means having few material possessions or little money.
  • Numerous social, economic, and political factors can contribute to or be a result of poverty.
  • There are two primary metrics of poverty used in statistics and economics: Relative poverty is the inability of a person to maintain a minimal standard of living in comparison to others in the same period and place.
  • Absolute poverty is the comparison of income to the amount required to meet fundamental personal necessities, such as food, clothing, and shelter.
  • Depending on the community or the country, many terms are used to define relative poverty.
<h3>What is income inequality?</h3>
  • The disparity in how income is allocated among people or populations is known as income inequality.
  • It is also known as the wealth gap, wealth disparity, wealth and income discrepancies, or the gap between the rich and the poor.
  • Therefore, the poverty will fall and inequality will rise.

Know more about absolute poverty here:

brainly.com/question/2264730

#SPJ4

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When the workers in a workshop encounter operating difficulties or breakdowns while handling their machinery, they seek the help
omeli [17]

Answer:

D. Technical problem solver.

Explanation:

A leader or a manager acts as a technical problem solver in the place where they make and implements decisions that will solve the problem faced by his subordinate at different levels or process of carrying out their duties  

As a technical problem solver,  managers performs individual contributor tasks on a regular basis, such as  repairing machinery.

5 0
4 years ago
Poskey Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following
MrRa [10]

Answer:

\left[\begin{array}{cccccc}&Cost&Assembly&Setting Up&Other&Total\\wages&349,000&226,850&69,800&52,350&349,000\\Depreciation&290,000&101,500&58,000&130,500&290,000&Utilities&199,000&29,850&149,250&19,900&199,000&Total&838,000&358,200&277,050&202,750&838,000&\end{array}\right]

Explanation:

We mulitply each line by the stated percent of each activity

<u>for example</u>

Setting Up % x Utilities= Utilities cost assigned to setting up

199,000x 75% = 149,250

Assembly % Depreciation= Depreciation cost assigned to assembly

35% x 290,000 = 101,500

This process must be done to assign each portion of cost.

6 0
3 years ago
Assume that the current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.
ioda

Answer:

The correct answer is B.

Explanation:

Giving the following information:

The current price of a market basket of goods is $2,500 and the base year price of the same market basket is $2,000.

To calculate the price index we need to make a simple division:

Price index= P1/P0

PI= 2,500/2,000= 1.25*100= 125%

3 0
3 years ago
Three accuracy problems with the consumer price index (CPI) are Group of answer choices price confusion, substitution, and quali
vredina [299]

Answer:

Option b (Substitution.....services) is the appropriate choice.

Explanation:

  • The above leads to calculating difficulties as well as the failure throughout the Index to identify better products and services contributing to less precise inflation outcomes.
  • It does not take account of the replacement facilities, which arise when an increase throughout the price of one promising recommendation to a replacement including its good by another, which often increases the costs of one quality.

The other options are not related to the given scenario. So the above is the correct choice.

7 0
3 years ago
PLEASE HELP ME!
Lelu [443]
I think the best answer would be D. Understand her costumer value<span />
3 0
3 years ago
Read 2 more answers
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