From 1989 to 2013, the share of wealth for the top 3% of wealth holders in the United States
A. increased by almost 10 percentage points.
B. remained roughly the same.
C. increased by more than 45 percentage points.
D. decreased by about 8 percentage points.
Answer: A
You might also like to view...
A point outside a production possibilities curve indicates
A) that resources are not being used efficiently. B) that resources are being used very efficiently. C) opportunity costs are constant. D) an output combination that is unobtainable with the current resource and technology levels.
A good that has social costs that exceed private costs has a quantity that is
A) too high. B) too low. C) just right. D) the best society can do.
In the above graph, unit elasticity would occur at approximately point _____.
A. A
B. B
C. C
D. D
The above figure shows the U.S. market for wheat. With international trade, the United States exports ________ of wheat
A) 300,000 tons B) 500,000 tons C) 700,000 tons D) 400,000 tons E) None of the above answers is correct because the United States imports wheat.