1. 20 Income Inequality and Poverty 2. Income Inequality and Poverty A person’s earnings depend on the supply and demand for that person’s labor, which in turn depend…

Slide 1Copyright©2004 South-Western 20 Income Inequality and Poverty Slide 2 Copyright © 2004 South-Western Income Inequality and Poverty A person’s earnings depend on…

Slide 1© 2007 Thomson South-Western, all rights reserved N. G R E G O R Y M A N K I W PowerPoint ® Slides by Ron Cronovich Income Inequality and Poverty 20 P R I N C I…

Slide 1 18 Income Distribution and Poverty  How much inequality and poverty exist in our society?  What policies are used to fight poverty?  What are the problems…

18 Income Distribution and Poverty 0 How much inequality and poverty exist in our society? What policies are used to fight poverty? What are the problems with these policies?…

People make consumption-spending and consumption production decisions simultaneously and independently from each other. Chapter 6: Consumption and Investment By: Elvis Guzman…

People make consumption-spending and consumption production decisions simultaneously and independently from each other. Chapter 6: Consumption and Investment By: Elvis Guzman…