The allocation of income among members of society whether it is seen as equitable or inequitable, is called ________. income distributionmoney allocationwealth distributionGINI index

Respuesta :

The allocation of income among members of society whether it is seen as equitable or inequitable, is called A. income distribution.

What is income distribution ?

Income distribution is the distribution of wealth and income among a country's citizens, or the distribution of wealth and income among the world's countries. Different statistical methods, all of which are based on data of varied degrees of trustworthiness, are used to identify and study such patterns of distribution.

One of the political economy's most perplexing problems is the allocation of income. People who believe that all earnings should be equal, or as close to equal as feasible, and that the primary role of the government should be to redistribute income from the wealthy to the poor represent one extreme.

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