What is the percentage of income received by the middle three quintiles on line X?


60

Economics

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The desired reserve ratio is 10 percent. Fly By Night Bank has deposits of $250,000 and reserves of $25,000. What is the amount of its excess reserves?

What will be an ideal response?

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Refer to Table 2-15. What is Jack's opportunity cost of mowing a lawn?

A) one-half of a garden cultivated B) two lawns mowed C) two-thirds of a garden cultivated D) one and a half lawns mowed

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What characteristic do human and physical capital share?

A) Both are controlled by the government. B) Current costs are incurred for future benefits. C) Their growth depends crucially on the growth of total factor productivity. D) The use of both exhibits rivalry.

Economics

Capital is a stock variable

a. True b. False

Economics