0
I'm no expert, but I would think wages and potentially income benefits are the only incomes you could consider? So would it be easier to compare these to the immediate expenditure of the household?
Cost of living - Council and income taxes, cost of services such as gas and electricty, how much food and drink costs locally
Cost of transport - Is public transport available, is it cost effective? Does the household posses a car, how much does this cost to run? Etc
What else can I help you with?
What are the types of income distribution?
Personal income distribution and functional income distribution :)
Can government spending directly affect both the allocation of resources and the distribution of income?
True
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
Income distribution in Philippines?
the income is income
How did 50 years of economic growth affect income distribution in Mexico?
Fifty years of economic growth increased income across the board in Mexico. However, this increase was not equal. As in most countries, the rich, the business owners, received the largest portion of the increased income distribution.
What does Disparity of Income Distribution mean?
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
What are the types of income distribution?
Personal income distribution and functional income distribution :)
Within which to affect?
There are many of factors like the income we get that affect our daily lives.
What are the factors to be fulfilled by Bangladesh to be middle income country?
There are factors that need to be fulfilled by Bangladesh to be middle income country. One of the biggest problems to be tackled is inequality on terms of income and wealth distribution.
Can government spending directly affect both the allocation of resources and the distribution of income?
True
What Factors affect consumer spending?
The factors that affect consumer spending are: Size of Income, Future Expenditures, and Social Influences.
What two key factors contribute to the differences in income distribution?
There are many factors that influence differences in income. Age, experience, occupation, education, and cost of living are all important factors that create a distribution.credits to CHACHA!
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.
How did industry affect the distribution of wealth in the US?
The income gap between rich and poor grew smaller.
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.
