What is the percentage of income received by the middle three quintiles on line Z?
40
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Despite the improvements in information technology, productivity growth since 2006 has fallen to an even lower rate than during the period of slow growth from the mid-1970s to the mid-1990s
Indicate whether the statement is true or false
Teenage unemployment is higher than unemployment of people ages 20 and over. Explain why economists would attribute at least part of this difference to minimum-wage laws
The specificfactors model is termed a "shortrun" model because:
a. labor cannot move from one activity to another. b. land resources can move from one activity to another . c. labor can move from one activity to another. d. land and capital cannot move from one activity to another .
The immediate-short-run aggregate supply curve is:
A. vertical. B. downward sloping. C. upward sloping. D. horizontal.