An investment banker who earns more than $1 million a year, a food service worker who makes minimum wage, and a teacher with a salary of $50,000 per year represent the presence of social <u>inequality </u>within society.
<h3>What is inequality?</h3>
Inequality can be defined as the way in which income or wealth are not distributed equally in a society as some people earn more than others.
Hence, their is the presence of social inequality within a society if a investment banker earn $1 million a year, a food service worker makes minimum wage, and a teacher earn $50,000 per year.
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The correct answer is A.
GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
Answer:
Many people believe that the United States is the land of opportunity, and that anyone can succeed
with hard work and intelligence. Concurrently, we often assume that people are poor because they lack
the willpower or intellect to work hard and make the correct decisions. However, new research shows
how a scarcity of resources, including financial resources, shapes everyone’s decisions and behaviors
Explanation:
A business that purchases products in large quantities from producers and then sells it to another entity is know as a distributor.
Distributors, distribute items to smaller retailers normally. They work as a warehouse with large quantities to sell to others in smaller quantities.
Services are now the largest single component of the supply side of gdp, representing over half of gdp.
