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Equitable income distribution is the concept or idea of fairness in taxation and welfare. It can refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.

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Objectives of macroeconomics from conventional perspective?

to achieve full employment,to achieve price stability, to achieve economic growth, equilibrium in B.O.P and equitable distribution of income.


What is equal distribution of wealth?

Equitable income distribution is the concept or idea of fairness in taxation and welfare. It can refer to equal life chances regardless of identity, to provide all citizens with a basic and equal minimum of income, goods, and services or to increase funds and commitment for redistribution.


What are the types of income distribution?

Personal income distribution and functional income distribution :)


What is an attractive characteristic of personal income taxes?

it is equitable


When a couple get divorced and have minor children does the parent living with the children iin the family home have to give the other party half of the equity if they have other equity?

That type of issue is decided by a judge if the parties cannot agree on an equitable distribution of their property. The judge will take into consideration all the property owned by the couple, income of the parties, future earning potential, state laws, etc.That type of issue is decided by a judge if the parties cannot agree on an equitable distribution of their property. The judge will take into consideration all the property owned by the couple, income of the parties, future earning potential, state laws, etc.That type of issue is decided by a judge if the parties cannot agree on an equitable distribution of their property. The judge will take into consideration all the property owned by the couple, income of the parties, future earning potential, state laws, etc.That type of issue is decided by a judge if the parties cannot agree on an equitable distribution of their property. The judge will take into consideration all the property owned by the couple, income of the parties, future earning potential, state laws, etc.


Differentiate equal distribution from equitable distribution?

Equitable refers to fairness. For example, an equal distrbution of marks in an exam would require that everyone got exactly the same score. An equitable distribution wold reflect the fact that some people gave better answers than others and so were more "deserving" of a higher mark.


What is equitable distribution?

AnswerIt is the process used in the majority of US states to divide marital property. "Equitable distribution" is followed, meaning that the court attempts to distribute the property in a manner that is "fair and just". This doesn't necessarily mean that the property is distributed evenly, only that it is done in a way that is fair.To do this, the court will consider a variety of factors, including the parties' income, contributions to the marriage, the standard of living, and even the potential for future income after the divorce is final.Additional InformationIn an equitable distribution state property that is owned by either spouse is considered to be marital property and can be redistributed in order to make the distribution fair to each party according to their respective needs. You can read more about it at the link below.


If Montana is not a community property state what is it?

Montana is an equitable distribution state.


Income distribution in Philippines?

the income is income


What does the Lorenz Curve suggest about the distribution of income in the unites states?

The Lorenz Curve illustrates the distribution of income in the United States by plotting the cumulative share of income received by the cumulative share of the population. A curve that is closer to the diagonal line indicates a more equitable income distribution, while a curve that bows significantly away from the diagonal suggests greater inequality. In the U.S., the Lorenz Curve shows a pronounced bow, highlighting a significant disparity where a small percentage of the population holds a large share of total income. This indicates a growing income inequality trend over recent decades.


What was the description of socialistic approach to the goal of equitable distribution of wealth?

The description of socialistic approach tot he goal of equitable distribution of wealth is the democratic process. The socialist's main concern with capitalism is that it creates economic inequality.


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.