ECO 365 Week 4 participation Principles of Microeconomics, Ch. 20: Income Inequality and Poverty

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 ECO 365 Week 4 participation Principles of Microeconomics, Ch. 20: Income Inequality and Poverty
 

Read Ch. 20 of Principles of Microeconomics:

 

 

 

20-2 The Political Philosophy of Redistributing Income, pp. 421-424
 

 

20-3 Policies to Reduce Poverty, pp. 424-428
 

 

Consider the following as you read:

 

 

 

Understand the factors that determine wages which are largely responsible for determining how the economy’s total income is distributed among the various members of society.
 

 

Understand distribution of income.
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