Chapter 18 - Income Distribution and Poverty

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median income

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5 Terms

1

median income

The ________ for two- earner families is 91 % greater than for single- earner households.

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2

Income disparities

________ across families are caused in part by variations in the number of employees in each family.

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3

high income home

A(n) ________ is often made up of a well- educated couple with both spouses working.

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4

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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5

Market economy

income is largely determined by earnings, which are determined by the productivity of one's resources

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