0
The personal distribution of income shows how income, regardless of its source, is divided by quintiles among all the families in the country.
The functional distribution of income shows the sources of income, as payments to the four factors of production: labor, entrepreneurs, physical capital, and land (Natural Resources). The breakdown is: wages and salaries, proprietors' income, corporate profits, interest, and rents.
Add your answer:
Earn +20 pts
What is the difference between family budgets and personal budgets?
the personal is for your self and family is a group
What is the difference between setup and configure?
The difference is that setup mainly involves functional tasks, installation, etc. To configure is to further customize options and setting.
What is difference between personal assets and company assets?
Personal assets is assets that are owned by a person. Company assets are assets that are own by the company.
Difference between complex 100 and complex 300 irrevocable Trusts?
A Complex 100 Trust does not have a requirement to distribute income. Distribution of corpus is allowed if a distribution is made. Exemption amount is $100. A Complex 300 Trust is required to distribute current income. Distribution of corupus is allowed. Exemption amount is $300
Difference between complex trust with 100 exemption and 300 exemption?
There is one main difference between exemptions in a trust. According to the IRS, a 100 exemption on a trust is a simple and personal trust, a 300 exemption is a complex trust, usually for a charitable organization.
What s meant by income inequality.distinguish between personal and functional distribution of income.?
What is meant by income inequality? Distinguish between personal and functional distribution of income.
What is the difference between functional and decorative accessories?
the difference between functional & decorative, is that functional is when a certain accessory is actually used, while decorative is just for showing something
What is the difference between transport and distribution?
What is the difference between transportation and distribution
What is the difference between a traditional and a personal CV?
what is the difference between a 'traditional' and a 'personal' CV
What is the difference between population distribution and sample distribution an d sampling distribution?
you can figure it out by going to google and googling it
What is the functional difference between cock and valve?
The term cock and valve are used interchangeably in the English language. The term cock has in large been replaced with valve with no functional difference between the two.
What is the difference between a normal distribution and the standard normal distribution?
The standard normal distribution is a normal distribution with mean 0 and variance 1.
What is the difference between functional health and the absence of disease?
Disease is any change from a state of health; impaired body function.
Difference between personal selling and salesmanship?
no difference
What is the difference between personal and private question?
there is no difference
What is the difference between a discrete and a continuous distribution?
A simple continuous distribution can take any value between two other values whereas a discrete distribution cannot.
What is the difference between functional cost analysis and engineering cost analysis?
ffsdsd
