Using the data in the table above, with y measured on the vertical axis, the slope of the line relating y to X is: Select one

Private savings is defined as:

a. Y + TR - C - T b. T - G - TR c. Y + TR + C - T d. T + G + TR

The above figure shows the Lorenz curve for wealth for the nation of Rusha. What percent of wealth is owned by the wealthiest quintile?

A) 0 percent B) 5 percent C) 40 percent D) 60 percent

The table above describes the market for paper. The production of paper produces pollution. There are no external benefits. What amount of tax per ton of paper is necessary to produce the efficient quantity of paper?

A) $60 B) zero C) $40 D) $100

Refer to Figure 13-3. What is the marginal revenue of the sixth unit of output?

A) $4 B) $5 C) $9 D) $54