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Which of the following statements is true about income distribution? Distribution of income measures the portion of income allocated to different s...

Which of the following statements is true about income distribution?
Distribution of income measures the portion of income allocated to different social strata.
The concentration of asset ownership and the market value of different types of work are essential determinants of personal income distribution.
The distribution of the product among social classes is measured by the system of prices.
Modifications in the distribution of income between wages and profits tend to redistribute income among different social strata.

a) Only I and II are correct.
b) Only II and III are correct.
c) Only III and IV are correct.
d) Only I, II, and IV are correct.

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Macroeconomia Módulo 2 - Emprego, Mercado de Trabalho e Distribuição de Renda
10 pág.

Economia I Universidade Estácio de SáUniversidade Estácio de Sá

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The correct alternative is d) Only I, II, and IV are correct. Explanation: I - Distribution of income measures the portion of income allocated to different social strata. II - The concentration of asset ownership and the market value of different types of work are essential determinants of personal income distribution. III - The distribution of the product among social classes is measured by the system of prices. (Incorrect) IV - Modifications in the distribution of income between wages and profits tend to redistribute income among different social strata. Therefore, alternatives I, II, and IV are correct, while alternative III is incorrect.

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