An example of share distribution of income is how much:
A. two-parent households get relative to single-parent households.
B. Black people get relative to white people.
C. the top 10 percent of a population gets.
D. the young get relative to the old.
Answer: C
You might also like to view...
________ believed that wages would resist falling during economic downturns.
A. Keynes B. Both Keynes and classical macroeconomic theorists C. Neither Keynes nor classical macroeconomic theorists D. Classical macroeconomic theorists
Efficiency of the median voter model outcome occurs when _____
a. Lindahl pricing is employed. b. a head tax is used to finance the policy c. progressive taxation is used to finance government d. special interests are non-existent
An increase in a country's budget surplus shifts its
a. demand for loanable funds right and decreases investment spending. b. supply of loanable funds right and increases investment spending. c. supply of loanable funds left and decreases investment spending. d. None of the above is correct.
The national debt
A) The year-end national debt is equal to the debt at the beginning of the year plus the deficit.. B) Grew substantially during the 2007-2009 recession. C) Is equal to total public and private debt. D) All of the above.