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-Dominant- [34]
3 years ago
13

A method often used by economists to look at distribution of income in a society's economy involves:__________

Business
1 answer:
goblinko [34]3 years ago
3 0

Answer:

Quintiles, or dividing a whole group into fifths

Explanation:

Income can be described as the amount of money gotten from the sale of a particular good or service. In a country with a large population, it is necessary that the income generated in the country be distributed among the population.

This distribution is important for the development of a country as it helps to reduce the poverty rate.

Income distribution can be defined as the process in which a country gross domestic product is shared among the population. GDP is the amount of money acquired by a country after the sale of goods and services.

Quintiles method is carried out by categorizing all households according to the amount of income that is earned. This classification is done by grouping them from the lowest amount of income to the highest amount. These households are then divided into five groups with each of them having equal number of persons.

Hence economists make use of the quintiles method or dividing a whole group into fifths because it is very effective in income distribution.

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<span>D) A numerical rating that expresses how likely you are to repay your debts.</span>
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3 years ago
Joseph works as a senior manager in his company’s research and development department. He plans to conduct market research so th
Sindrei [870]

Answer:

Hello,

The next step will be; analyse data and report the findings

Explanation:

After collecting data, Joseph should analyse the data to identify positive trends according to the assumptions he decides to make.At this step, he can summarize the whole study to capture the procedure involved, the results obtained and the conclusion derived from the research.He should check if the hypothesis was correct or wrong.Making decisions based on assumptions can affect the company.The data obtained should be analysed the way it is rather than adding more information that was not obtained in the research. After this step, take action!

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8 0
3 years ago
The brenda one is the question thank youuu:)
Ivenika [448]

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

A = P(1 + \frac{r}{100})^{t}

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

A = 11000*(1 + \frac{8.6}{100})^{7

A = 11000*(1 + 0.086)^{7

A = 11000*(1.086)^{7

A = 11000*1.78

A = $19,580

7 0
3 years ago
According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a
PtichkaEL [24]

According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must be organized to capture value.

A resource is useful if it enables a company to take advantage of an outside opportunity or counteract an outside threat.

The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework. Value, rarity, copyability, and organization are all included.

Learn more about VRIO framework at brainly.com/question/26286846

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3 0
3 years ago
How would ShipNow divide a $ 75 comma 000 ​lump-sum purchase price for​ land, building, and equipment with estimated market valu
Burka [1]

Answer:

Land              21,150

Building        45,900

Equipment      7,950

      Cash                     75,000

Explanation:

We add up the market values then, we compare the value of each item agsinst the total value of the combo.

We apply this value to the purchase price to know how much is allocated on each concepts.

\left[\begin{array}{cccc}Item&Value&Weight&Allocated\\$Land&29610&0.282&21150\\$Building&64260&0.612&45900\\$Equipment&11130&0.106&7950\\\\$Total&105000&1&75000\\\end{array}\right]

3 0
3 years ago
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