Use the Following to Answer Question(s): Income Distribution in the United

question 127

Multiple Choice

Use the following to answer question(s) : Income Distribution in the United States

-A factor that has been associated with the increase in income inequality in the United States is the:

• A) increase in households headed by single women.
• B) reduction in the percentage of the population over the age of 65.
• C) smaller gap between the wages of skilled and unskilled workers.
• D) slowdown in technological change.

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Definitions:

Market-To-Book Value

A ratio used to compare a company's current market value to its book value, indicating how investors value the company relative to its actual assets.

Quick Ratio

A measure of liquidity similar to the current ratio except for exclusion of inventories. It equals cash plus receivables divided by current liabilities.

Industry Average

A statistical measure that represents the central tendency or typical value of a set of figures in a particular industry, often used for benchmarking.

Insolvency

The state in which an individual or entity cannot meet its financial obligations as debts become due.