What Is Meant by a Perfectly Equal Distribution of Income

question 161

Short Answer

What is meant by a perfectly equal distribution of income? Use a graph to depict such a situation.

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Definitions:

Satisfaction

A feeling of fulfillment or contentment resulting from achieving one's goals or desires.

Enjoy Doing

The feeling of pleasure or satisfaction experienced when engaging in an activity one likes or finds rewarding.

Make Living

involves earning enough income through work or business to cover personal and family expenses.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.