Purchase Solution

GDP-Wealth Distribution

Not what you're looking for?

Ask Custom Question

Why is GDP a poor measure of wealth distribution?

Could the socio-demographic factors be an answer? What does wealth distribution means.

Purchase this Solution

Solution Summary

GDP-Wealth Distribution is overviewed.

Solution Preview

GDP is a measure of the quantity of the goods and services that can be bought with the income of all individuals in the economy, in a year. Thus The GDP is Gross Domestic Product. Gross Domestic Product (GDP) is the total value of final goods and services produced ...

Purchase this Solution


Free BrainMass Quizzes
Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.