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it means distribution of income is how a nation's total economy is distributed amongst its population. Classical economists are more concerned about factor income distribution,that is the distribution of income between the factors of production,labor land and capital. Distribution of income is measured by Lorenz curve and Gini co

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What is the difference between personal and functional distribution of income?

The personal distribution of income shows how income, regardless of its source, is divided by quintiles among all the families in the country. The functional distribution of income shows the sources of income, as payments to the four factors of production: labor, entrepreneurs, physical capital, and land (natural resources). The breakdown is: wages and salaries, proprietors' income, corporate profits, interest, and rents.


Can I do income averaging on my pension distribution?

Only if you were born before 1936.


What effect will the declaration and distribution of a stock dividend have on the net income and cash flows?

19. What effect will the declaration and distribution of a stock dividend have on net income and cash flows? (Points : 2)No effect on net income or cash flowsNo effect on net income, decrease cash flowsDecrease net income, decrease cash flowsIncrease net income, no effect on cash flows


What does income level mean?

what does income level mean?


Are trust distributions taxable to the beneficiary?

Trust and Estate Income Distribution Deduction Taxable income earned by a trust or estate is taxable either to the trust or estate or to its beneficiaries but not to both. The trust or estate is allowed an income distribution deduction for income taxed to the beneficiaries. Beneficiaries receive Schedule K-1 informing them of the amount and types of income to include on their individual tax returns. Income passed through to the beneficiaries retains its original character (interest, dividends, capital gains, etc.). The income distribution deduction is the LESSER of: • Distributions less tax-exempt income included in distribution, or • Distributable net income less tax-exempt interest. Check here for more information: http://www.1041accountant.com/index.htm

Related Questions

What do you mean by regional disparity?

Regional disparity refers to the unequal distribution of resources, opportunities, and development across different geographic areas within a country or region. This disparity can manifest in disparities in income levels, infrastructure, access to services, and quality of life between urban and rural areas or among different regions within a country.


What is geographic disparity?

Geographic disparity refers to differences or inequalities in access to resources, services, or opportunities based on a person's location. This can include disparities in healthcare, education, income, and other social and economic factors between different regions or communities. Geographic disparity highlights the uneven distribution of resources and challenges faced by individuals and communities in different geographical areas.


What are the types of income distribution?

Personal income distribution and functional income distribution :)


What is the term for the difference in income between the richest and poorest citizens?

You referring to 'income disparity.'


Income distribution in Philippines?

the income is income


What are two types of income distribution?

Two types of income distribution are equal income distribution, where all individuals receive the same amount of income, and unequal income distribution, where income is not equally distributed among individuals resulting in some earning more than others.


What is functional distribution of income?

When the focus is on how the tax system changes the distribution of income among capitalists, laborers, and landlords. This is referred to as the functional distribution of income.


If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income the graph would show a?

If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a straight diagonal line at a 45-degree angle. This line represents perfect equality, indicating that each percentage of households earns the same percentage of total income. Since there is no income disparity, the Lorenz Curve would coincide with the line of equality.


What has the author Shail Jain written?

Shail Jain has written: 'The Size Distribution of Income (World Bank)' 'Size distribution of income' -- subject(s): Income distribution


What are some of the major cause of income disparity?

There are many causes of income disparity. Some believe that the rich stay rich and the poor have little opportunity to move up the ladder. However, choices and decisions, as well as educational opportunities, govern how we do in life.


What s meant by income inequality.distinguish between personal and functional distribution of income.?

What is meant by income inequality? Distinguish between personal and functional distribution of income.


What has the author Henryk Flakierski written?

Henryk Flakierski has written: 'Economic reform & income distribution' -- subject(s): Economic policy, Income distribution 'The economic system & income distribution in Yugoslavia' -- subject(s): Economic policy, Employee participation, Income distribution, Management