In a given population the median income will always be the same as the average income

a. True
b. False


B

Economics

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A(n) ________ market is a non-legal market for regulated goods and services

A) open B) closed C) black D) oligopoly

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Tariff revenues are an important generator of revenue in less-developed countries

a. True b. False

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According to the equation of exchange, if M = $100, V = 4, and Y = $200, then P equals

A. 20. B. 2. C. 40. D. 500.

Economics

Refer to the above figure. Average total costs are represented by curve

A. 1. B. 2. C. 3. D. 4.

Economics