One World View article is titled "Glaring Inequalities." Of the countries listed, the greatest inequality in the distribution of income is likely to occur in
A. Canada.
B. Namibia.
C. Sweden.
D. The United States.
Answer: B
Economics
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A firm with two or more owners who have unlimited liability is known as
A) a partnership. B) a proprietorship. C) a corporation. D) an establishment.
Economics
The narrowest definition of the money supply, including cash and checking deposits, is known as
a. M0. b. M1. c. M payments. d. currency. e. real-value money.
Economics
Refer to Figure 8.9. This farmer's profit-maximizing level of output is __________ units of output. A) 100 B) 350 C) 500 D) 700
Economics
Refer to the above graph. It shows the cost curves for a competitive firm. At output level 20, the marginal cost is:
A. $0.90. B. $1.05. C. $1.20. D. $0.60.
Economics