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A Change Vision Will Only Happen After It Becomes Policy

question 4

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A change vision will only happen after it becomes policy.

Analyze the relationship between taxes, transfers, and income distribution through the Gini ratio.
Explain the role of discrimination, education, and training on income distribution.
Understand the economic arguments surrounding income equality and its implications.
Recognize factors contributing to growing income inequality in the United States since the 1980s.

Definitions:

Power

The probability that a test will correctly reject a false null hypothesis; in other words, the ability of a study to detect an effect if there is one.

Feasibility

The measure of how easily or conveniently a proposed project or study can be carried out or implemented.

Effectiveness

The degree to which a specific intervention, procedure, regimen, or service produces a beneficial result under real-world conditions.

Beneficial Result

A positive outcome or advantage gained from a particular action, procedure, or intervention.

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