1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-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.

You might be interested in
The flying of new employees to a three-day training session at Uberversity in San Francisco to learn about the company is part o
scoray [572]

Answer:

e) onboarding

Explanation:

Onboarding is the process by which new employees are introduced to the companie's culture including operational procedures and training on their job roles.

Onboarding is an important step in making the employee more efficient on the job. It is also called organisational socialising.

In the given scenario where new employees fly to a three-day training session at Uberversity in San Francisco to learn about the company, is an onboarding process.

5 0
3 years ago
George owns a pizzeria in Queens, and he buys his cheese and dough and sauce from SYSCO. This firm provides its customers with t
alexandr1967 [171]

Answer:

Trade credit

Explanation:

Trade credit occurs between traders where a trader allows another to purchase goods without paying for them immediately.

It is the cheapest form of short term financing.

This is a form of business to business agreement where payment is set at a later date of 30 days, 90 days or 60 days.

The transaction is recorded by using invoice.

Usually it is a zero percent short term finance. The amount of the good at time of purchase is what is paid at the sure date.

There is no extra payment made by the buyer as interest on the amount agreed.

5 0
2 years ago
has a margin of safety percentage of 20% based on its actual sales. The break-even point is $759000 and the variable expenses ar
lora16 [44]

Answer:  $379,500

Explanation:

Total Sales = <em>Break-even sales + Margin of Safety </em>

The Break-Even sales are therefore = 100% - 20%

= 80% of sales

Total Sales is therefore;

Break-even =   80% * Total Sales

Total Sales = Break-even/80%

= 759,000/0.8

= $948,750

Assuming no fixed costs, actual profit will be Sales less Variable expenses;

=Sales - Variable expenses  

= 1 - 60%

Actual profit = 40% * Sales

= 40% * 948,750

= $379,500

4 0
3 years ago
Who is this a random girl from the web or some one else
djverab [1.8K]
Random girl from the web.
4 0
3 years ago
Read 2 more answers
Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The activity produces the followi
Nataliya [291]

Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

  • Income $18,000
  • Expenses $3,000

An activity or business  is classified as hobby :

  • The owner of the business is not making profit from the business
  • When their is no proof as to whether the business owner is making profit
  • When the owner does not intend to make profit from the business etc

Based on the given information the revenues or income amount of $18,000 will be the  amount that will be reported by Alex  as part of the gross income.

While the expenses or  property taxed amount of $3,000 is deductible because the deductions are itemized deductions.

Inconclusion Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

  • Income $18,000
  • Expenses $3,000

Learn more here:

brainly.com/question/16633416

3 0
2 years ago
Other questions:
  • A company purchased $6,500 of merchandise on May 1 with terms of 2/10, net 30. On May 6, it returned $500 of that merchandise. O
    13·1 answer
  • The company has $10,000 in its checking account, $20,000 in its savings account, $1,000 in petty cash, $25,000 in one-year treas
    15·1 answer
  • Companies transmit over the internet because the internet ________.
    11·1 answer
  • Which job category is likely to deal with primarily supply chains
    6·1 answer
  • As a manager at Johnson Electric, an armature motor manufacturer, Oliver is responsible for quality. As he carries out his contr
    15·1 answer
  • A written and signed document between an employer entity and a labor organization specifying the terms and conditions of employm
    12·1 answer
  • A technique known as _____ is one useful strategy for problem finding.
    11·1 answer
  • If the money supply is​ $500 and nominal income is​ $3,000, the velocity of money is A. ​1/60. B. ​1/6. C. 6. D. 60.
    11·1 answer
  • Which of the following is the most appropriate topic to address in a college application essay?
    12·1 answer
  • With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or he
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!