In the figure above, 10 percent of income in country C is distributed to the
A) richest 10 percent of the households.
B) poorest 10 percent of the households.
C) poorest 30 percent of the households.
D) poorest 70 percent of the households.
D
You might also like to view...
The demand for U.S. dollars represents:
A) the demand for U.S. goods and financial assets by households and firms outside the United States. B) the demand for foreign goods and financial assets by households and firms within the United States. C) the demand for U.S. goods and financial assets by households and firms within the United States. D) the willingness of households and firms that own dollars to exchange them for foreign currency.
Which of the following is the best example of substitutes?
a. coffee and cream b. videotapes and VCRs c. money and biscuits d. tortillas and salsa e. hiking boots and athletic shoes
A COLA automatically raises the wage when the CPI rises
a. True b. False Indicate whether the statement is true or false
Valuation
What will be an ideal response?