The income gap is the gap between the rich and the poor. We call that gap the middle class.
An individual's income.
If it's a synaptic gap then the answer would be neurotransmitter.
An expansionary gap is a negative output gap, which occurs when actual output is higher than potential output.
income gap
the portion of your income that is eligible for taxation
The portion of a persons income that is eligible for taxation
The higher your income, the higher percentage you pay.
a profit
income is what you can earn including your salary, other suport income like your rental income and some profit payment
The income gap is a major issue because it exacerbates social inequalities, limiting access to education, healthcare, and opportunities for upward mobility for lower-income individuals. This disparity can lead to increased social tensions, reduced economic growth, and a decline in overall well-being within society. Additionally, a widening income gap can undermine democratic processes, as wealth concentration often translates into political power, further entrenching inequality. Addressing the income gap is essential for fostering a more equitable and stable society.
is yearly pay.
No, all countries in Latin America do not have a similar income gap. There is significant variation in income inequality among countries in the region, with some experiencing higher levels of inequality than others. Factors such as historical context, economic policies, social programs, and natural resource distribution all contribute to the income gap within each country.