Which statement is true?
A. College graduates earn much more than high school graduates mainly because of what they learn in college.
B. The bulk of all property income goes to the middle class.
C. Most government transfer payments go to the poor.
D. The bulk of all property income goes to the rich.
D. The bulk of all property income goes to the rich.
You might also like to view...
Which of the following is not an in-kind benefit?
a. A company life insurance policy. b. A company health plan. c. A company's annual holiday bonus. d. A company car.
If the required reserve ratio decreases, the:
a. money multiplier increases. b. money multiplier decreases. c. amount of excess reserves the bank has decreases. d. money multiplier stays the same. e. amount of excess reserves stays the same.
Innovation that improves machinery, power sources and other capital equipment will increase the demand for labor in the short run
a. True b. False Indicate whether the statement is true or false
Hold the prices of goods, as well as Amy's preferences, constant. If Amy's income increases, then
a. both her indifference curves and budget constraint change. b. her indifference curves change, but her budget constraint does not change. c. her budget constraint changes, but her indifference curves do not change. d. neither her indifference curves nor her budget constraint change.