微观经济学教学课件：Ch18-Economic Inequality.pptVIP

After studying this chapter you will be able to Describe the inequality in income and wealth in the United States and the trends in inequality Explain the features of the labor market that contribute to economic inequality Describe the scale of income redistribution by government Rags and Riches Homelessness and abject poverty exists alongside extreme wealth. What determines the distribution of economic well-being? How much redistribution does government do to limit extreme poverty? Measuring Economic Inequality The census bureau defines a household’s income as money income, which equals mark