Randland has a large number of people who are alike in every way. Seanchan has the same number of people, with the same average income as Randland, but the distribution of incomes is wider. Seanchan has a higher level of public goods provision. What could be the reasons for this disparity?

Randland has a large number of people who are alike in every way. Seanchan has the same number of people, with the same average income as Randland, but the distribution of incomes is wider. Seanchan has a higher level of public goods provision. What could be the reasons for this disparity?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Randland has a large number of people who are
alike in every way. Seanchan has the same
number of people, with the same average
income as Randland, but the distribution of
incomes is wider. Seanchan has a higher level of
public goods provision. What could be the
reasons for this disparity?

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