Chapter 18 - Income Distribution and Poverty
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Last updated 11:02 PM on 4/12/22
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5 Terms
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median income
The ________ for two- earner families is 91 % greater than for single- earner households.
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Income disparities
________ across families are caused in part by variations in the number of employees in each family.
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high income home
A(n) ________ is often made up of a well- educated couple with both spouses working.
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Low earnings
________ are a source of public worry, particularly when children are involved, as we will see in the next section.
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Market economy
income is largely determined by earnings, which are determined by the productivity of one's resources
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