A.THE SOURCES OF INEQUALITY

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To measure the qualitative of con over  inc resources. Well-ed to ourselves-, with hi ‘income lad we- differences. Recall vb personal income we mean total or cash earned a or schoolhouse drink~ a l-period usually and nonbelligerent transfer  Disposable personal income con’i.ls o( personal income It’s a taxes paid, health  wort h”  of the dollar of financial amount of  banks […]

Efficiency VS Equality The Big Trade-off

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About a century ago. man}’ ‘Western governments began to intervene in the marketplace and introduce a social safety netas a bulwark against socialist pressures- s-this new conception of society was called the “welfare state.” In the industrial democracies of Europe and North America. today generally finance retirement and health care for the’ aged; provide food. health care, and housing assistance […]