In 2013, the top 10% of wealth holders owned ________ of the nation's wealth.
A. 25.5%
B. 54.5%
C. 75.3%
D. 92.9%
Answer: C
You might also like to view...
Refer to the figure below. 
In the figure, a business cycle trough is shown by which point(s)?
A. D only B. B and D C. A and C and E D. A only
If wages and prices become extremely flexible ________
A) there is no trade off between inflation and unemployment B) unemployment can hardly deviate from the natural rate C) it becomes very difficult to differentiate the short-run from the long-run Phillips curve D) all of the above E) none of the above
The demand for reserves will increase at lower levels of GDP
a. True b. False Indicate whether the statement is true or false
Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been chosen as the base year. In 2012, the basket's cost was $80.00; in 2013, the basket's cost was $84; and in 2014, the basket's cost was $87.60 . The value of the CPI was
a. 100 in 2012. b. 105 in 2013. c. 109.5 in 2014. d. All of the above are correct.