Which of the following Gini ratios would indicate the least amount of income inequality?
A. 0.20
B. 0.40
C. 0.60
D. 0.80
A. 0.20
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Refer to the scenario above. Which of the following shifts will increase the total cost?
A) Shift from apartment Close to Far B) Shift from apartment Far to Very Far C) Shift from apartment Very Close to Close D) Shift from apartment Very Far to Extremely Far
Deflation is a:
A. sustained fall in the aggregate price level. B. sustained increase in the aggregate price level. C. steady, unchanging aggregate price level. D. steady fall in the exchange rate.
Other things the same, the higher the rate of saving and investment in a country, the higher will be the standard of living in the future
a. True b. False Indicate whether the statement is true or false
The primary economic role of financial markets is to
A. Provide the federal government with a source of loanable funds when it has a budget deficit. B. Gain profits for investors. C. Earn dividends for shareholders. D. Allocate resources to profitable businesses and away from businesses with losses.